WILLOW DENE, HIGH STREET, INGOLDMELLS, SKEGNESS, PE25 1PS - £105,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WILLOW DENE is a very small extended detached house of 58m², built sometime between 1950 and 1966. It was last sold for £105,000 in July 2016, which was around 44% below the average July 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

WILLOW DENE Sold Prices

Land registry data shows three sales for WILLOW DENE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three WILLOW DENE 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
2016 29 JUL	£105,000	£189,070	44% below HPI
2007 27 APR	£92,000	£186,442	51% below HPI
2000 11 AUG	£38,000	£75,614	50% below HPI

WILLOW DENE 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 three WILLOW DENE sales between August 2000 and July 2016 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 2007 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the July 2016 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is WILLOW DENE?

WILLOW DENE is 58m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% of detached houses in Ingoldmells, based on EPC data. The below chart shows the distribution of detached houses by size in Ingoldmells, and where WILLOW DENE lies on this distribution: 17% of detached houses are smaller than WILLOW DENE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

WILLOW DENE: Plot and Title Map

WILLOW DENE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of WILLOW DENE, 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 WILLOW DENE). 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 WILLOW DENE?

WILLOW DENE is located on HIGH STREET in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of WILLOW DENE on HIGH STREET.