THE LIMES, SPILSBY ROAD, WAINFLEET, SKEGNESS, PE24 4LP - £164,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE LIMES is a midsized extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £263,884. It was last sold for £164,950 in November 2006, which was around 8% below the average November 2006 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

THE LIMES Sold Prices

Land registry data shows two sales for THE LIMES 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. One of the two THE LIMES sales was for below the average price, whilst the other was for above 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
2006 17 NOV	£164,950	£178,932	8% below HPI
2003 30 JAN	£150,000	£120,342	25% above HPI

THE LIMES 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 THE LIMES sales from January 2003 and November 2006 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 January 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2006 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might THE LIMES be worth now?

THE LIMES might now be worth an estimated £263,884.

This is based on house price inflation of 60%, between November 2006 and February 2025, 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 60% inflationary increase is applied to the most recent sale price for THE LIMES of £164,950 on 17th November 2006. For the value to have increased from £164,950 to £263,884 over the nineteen years and nine months to February 2025, the following assumptions must hold true:

• The value of THE LIMES has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2006 sale price of £164,950 represented a fair market value for the property.
• The size, condition, and specification of THE LIMES has not materially changed since November 2006.

How Large is THE LIMES?

THE LIMES is 96m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 THE LIMES lies on this distribution: 53% of detached houses houses are smaller than THE LIMES, and 45% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

THE LIMES: Plot and Title Map

THE LIMES sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of THE LIMES, 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 THE LIMES). 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 THE LIMES?

THE LIMES is located on SPILSBY ROAD in WAINFLEET, in the PE24 postcode district. The below map shows the position of THE LIMES on SPILSBY ROAD.