MEADOWS EDGE, RUMBOLD LANE, WAINFLEET, SKEGNESS, PE24 4DS - £174,000

MEADOWS EDGE is a small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £174,000 in June 2019, which was around 19% below the average June 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was F, and the potential energy rating was A.

MEADOWS EDGE Sold Prices

Land registry data shows two sales for MEADOWS EDGE 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 MEADOWS EDGE 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
2019 21 JUN	£174,000	£215,341	19% below HPI
2011 16 FEB	£136,500	£159,181	14% below HPI

MEADOWS EDGE 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 MEADOWS EDGE sales from February 2011 and June 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 February 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is MEADOWS EDGE?

MEADOWS EDGE is 74m² according to the EPC inspection conducted in February 2015. 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 MEADOWS EDGE lies on this distribution: 28% of detached houses are smaller than MEADOWS EDGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Wainfleet All Saints.

MEADOWS EDGE: Plot and Title Map

MEADOWS EDGE sits on a plot of roughly 0.212 of an acre, or 858m². The below map shows the location of MEADOWS EDGE, 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 MEADOWS EDGE). 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 MEADOWS EDGE?

MEADOWS EDGE is located on RUMBOLD LANE in WAINFLEET, in the PE24 postcode district. The below map shows the position of MEADOWS EDGE on RUMBOLD LANE.