5, MOTROM DRIVE, INGOLDMELLS, SKEGNESS, PE25 1JQ - £175,000

5 MOTROM DRIVE is a very small detached house of 55m², built sometime from 2007 onwards. It was last sold for £175,000 in September 2020, which was around 21% below the average September 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

5 MOTROM DRIVE Sold Prices

Land registry data shows two sales for 5 MOTROM 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 5 MOTROM 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
2020 4 SEP	£175,000	£222,611	21% below HPI
2007 18 JUN	£140,500	£187,546	25% below HPI

5 MOTROM 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 5 MOTROM DRIVE sales from June 2007 and September 2020 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 June 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 5 MOTROM DRIVE?

5 MOTROM DRIVE is 55m² according to the EPC inspection conducted in September 2019. 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 5 MOTROM DRIVE lies on this distribution: 11% of detached houses are smaller than 5 MOTROM DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ingoldmells.

5 MOTROM DRIVE: Plot and Title Map

5 MOTROM DRIVE sits on a plot of roughly 0.082 of an acre, or 334m². The below map shows the location of 5 MOTROM 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 5 MOTROM 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 5 MOTROM DRIVE?

5 MOTROM DRIVE is located in INGOLDMELLS, in the PE25 postcode district. The below map shows the position of No. 5 on MOTROM DRIVE.