WHITE LODGE, SKEGNESS ROAD, INGOLDMELLS, SKEGNESS, PE25 1NL - £240,000

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

WHITE LODGE is a very large extended detached house of 238m², built sometime between 1900 and 1929. It was last sold for £240,000 in August 2017, which was around 14% above the average August 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.

WHITE LODGE Sold Prices

Land registry data shows two sales for WHITE LODGE 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 WHITE LODGE sales were 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
2017 18 AUG	£240,000	£211,244	14% above HPI
1998 14 AUG	£70,000	£64,389	9% above HPI

WHITE LODGE 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 WHITE LODGE sales from August 1998 and August 2017 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 August 1998 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2017 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is WHITE LODGE?

WHITE LODGE is 238m², which includes three extensions, according to the EPC inspection conducted in October 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 WHITE LODGE lies on this distribution: 99% of detached houses are smaller than WHITE LODGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

WHITE LODGE: Plot and Title Map

WHITE LODGE sits on a plot of roughly 0.237 of an acre, or 959m². The below map shows the location of WHITE LODGE, 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 WHITE LODGE). 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 WHITE LODGE?

WHITE LODGE is located on SKEGNESS ROAD in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of WHITE LODGE on SKEGNESS ROAD.