7, RUMBOLD LANE, WAINFLEET, SKEGNESS, PE24 4DS - £230,000

7 RUMBOLD LANE is a large extended detached house of 121m², built sometime between 1900 and 1929. It was last sold for £230,000 in July 2021, which was around 4% below the average July 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

7 RUMBOLD LANE Sold Prices

Land registry data shows three sales for 7 RUMBOLD LANE 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 7 RUMBOLD LANE 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
2021 19 JUL	£230,000	£239,638	4% below HPI
2020 20 NOV	£225,000	£229,635	2% below HPI
2006 27 OCT	£160,000	£176,185	9% below HPI

7 RUMBOLD LANE 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 7 RUMBOLD LANE sales between October 2006 and July 2021 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 November 2020 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2021 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 7 RUMBOLD LANE?

7 RUMBOLD LANE is 121m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Wainfleet All Saints, based on EPC data. The below chart shows the distribution of detached houses by size in Wainfleet All Saints, and where 7 RUMBOLD LANE lies on this distribution: 74% of detached houses are smaller than 7 RUMBOLD LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

7 RUMBOLD LANE: Plot and Title Map

7 RUMBOLD LANE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 7 RUMBOLD LANE, 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 7 RUMBOLD LANE). 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 7 RUMBOLD LANE?

7 RUMBOLD LANE is located in WAINFLEET, in the PE24 postcode district. The below map shows the position of No. 7 on RUMBOLD LANE.