8, MAGDALEN ROAD, WAINFLEET, SKEGNESS, PE24 4DE - £120,000

8 MAGDALEN ROAD is a small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £120,000 in April 2021, which was around 49% below the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was F, and the potential energy rating was E.

8 MAGDALEN ROAD Sold Prices

Land registry data shows two sales for 8 MAGDALEN ROAD 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 8 MAGDALEN ROAD 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 13 APR	£120,000	£236,548	49% below HPI
2010 17 AUG	£122,500	£170,916	28% below HPI

8 MAGDALEN ROAD 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 8 MAGDALEN ROAD sales from August 2010 and April 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 August 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2021 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 8 MAGDALEN ROAD?

8 MAGDALEN ROAD is 69m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 8 MAGDALEN ROAD lies on this distribution: 21% of detached houses are smaller than 8 MAGDALEN ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

8 MAGDALEN ROAD: Plot and Title Map

8 MAGDALEN ROAD sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 8 MAGDALEN ROAD, 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 8 MAGDALEN ROAD). 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 8 MAGDALEN ROAD?

8 MAGDALEN ROAD is located in WAINFLEET, in the PE24 postcode district. The below map shows the position of No. 8 on MAGDALEN ROAD.