CULVERT LODGE, SPILSBY ROAD, WAINFLEET, SKEGNESS, PE24 4LP - £242,000

CULVERT LODGE is a midsized detached house of 91m², built sometime between 1996 and 2002. It was last sold for £242,000 in November 2019, which was around 7% above the average November 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

CULVERT LODGE Sold Prices

Land registry data shows three sales for CULVERT LODGE 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. The three CULVERT LODGE sales were a mix of above the average price, and roughly equal to 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
2019 8 NOV	£242,000	£225,476	7% above HPI
2015 28 SEP	£187,000	£187,244	Close to HPI
2007 18 OCT	£216,000	£188,072	15% above HPI

CULVERT LODGE 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 CULVERT LODGE sales between October 2007 and November 2019 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 September 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is CULVERT LODGE?

CULVERT LODGE is 91m² according to the EPC inspection conducted in January 2019. This puts it in the largest 50% 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 CULVERT LODGE lies on this distribution: 49% of detached houses are smaller than CULVERT LODGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

CULVERT LODGE: Plot and Title Map

CULVERT LODGE sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of CULVERT LODGE, 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 CULVERT LODGE). 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 CULVERT LODGE?

CULVERT LODGE is located on SPILSBY ROAD in WAINFLEET, in the PE24 postcode district. The below map shows the position of CULVERT LODGE on SPILSBY ROAD.