16, ELMWOOD DRIVE, INGOLDMELLS, SKEGNESS, PE25 1QG - £132,500

16 ELMWOOD DRIVE is a very small detached house of 44m², built sometime between 1983 and 1990. It was last sold for £132,500 in May 2022, which was around 53% below the average May 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

16 ELMWOOD DRIVE Sold Prices

Land registry data shows two sales for 16 ELMWOOD DRIVE 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 16 ELMWOOD DRIVE 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
2022 19 MAY	£132,500	£279,572	53% below HPI
2004 1 OCT	£105,000	£167,136	37% below HPI

16 ELMWOOD DRIVE 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 16 ELMWOOD DRIVE sales from October 2004 and May 2022 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 October 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2022 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 16 ELMWOOD DRIVE?

16 ELMWOOD DRIVE is 44m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 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 16 ELMWOOD DRIVE lies on this distribution: 1% of detached houses are smaller than 16 ELMWOOD DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

16 ELMWOOD DRIVE: Plot and Title Map

16 ELMWOOD DRIVE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 16 ELMWOOD DRIVE, 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 16 ELMWOOD DRIVE). 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 16 ELMWOOD DRIVE?

16 ELMWOOD DRIVE is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 16 on ELMWOOD DRIVE.