SANDRIA, SEA LANE, INGOLDMELLS, SKEGNESS, PE25 1NU - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SANDRIA is a very large detached house of 116m², built sometime between 1930 and 1949. It was last sold for £190,000 in June 2018, which was around 10% below the average June 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

SANDRIA Sold Prices

Land registry data shows two sales for SANDRIA 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 SANDRIA 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
2018 25 JUN	£190,000	£210,621	10% below HPI
2012 2 APR	£149,950	£160,464	7% below HPI

SANDRIA 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 SANDRIA sales from April 2012 and June 2018 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 April 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is SANDRIA?

SANDRIA is 116m² according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses in Ingoldmells, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldmells, and where SANDRIA lies on this distribution: 91% of detached houses are smaller than SANDRIA, and 9% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

SANDRIA: Plot and Title Map

SANDRIA sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of SANDRIA, 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 SANDRIA). 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 SANDRIA?

SANDRIA is located on SEA LANE in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of SANDRIA on SEA LANE.