MEADOWS EDGE, RUMBOLD LANE, WAINFLEET, SKEGNESS, PE24 4DS - £174,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MEADOWS EDGE is a midsized detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £226,893. It was last sold for £174,000 in June 2019, which was around 20% below the average June 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2025, where the current energy rating was E, and the potential energy rating was C.

MEADOWS EDGE Sold Prices

Land registry data shows two sales for MEADOWS EDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two MEADOWS EDGE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 21 JUN	£174,000	£218,478	20% below HPI
2011 16 FEB	£136,500	£161,500	15% below HPI

MEADOWS EDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two MEADOWS EDGE sales from February 2011 and June 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might MEADOWS EDGE be worth now?

MEADOWS EDGE might now be worth an estimated £226,893.

This is based on house price inflation of 30.4%, between June 2019 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.4% inflationary increase is applied to the most recent sale price for MEADOWS EDGE of £174,000 on 21st June 2019. For the value to have increased from £174,000 to £226,893 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of MEADOWS EDGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2019 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOWS EDGE has not materially changed since June 2019.

How Large is MEADOWS EDGE?

MEADOWS EDGE is 97m² according to the EPC inspection conducted in January 2025. This puts it in the largest 50% of detached houses houses in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wainfleet All Saints, and where MEADOWS EDGE lies on this distribution: 56% of detached houses houses are smaller than MEADOWS EDGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

MEADOWS EDGE: Plot and Title Map

MEADOWS EDGE sits on a plot of roughly 0.212 of an acre, or 858m². The below map shows the location of MEADOWS EDGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of MEADOWS EDGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is MEADOWS EDGE?

MEADOWS EDGE is located on RUMBOLD LANE in WAINFLEET, in the PE24 postcode district. The below map shows the position of MEADOWS EDGE on RUMBOLD LANE.