5, MILL CLOSE, WAINFLEET, SKEGNESS, PE24 4NY - £116,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MILL CLOSE is a terraced house, which could now be worth an estimated £375,443. It was last sold for £116,500 in February 2002, which was around 159% above the average February 2002 terraced price in the East Lindsey local authority area.

5 MILL CLOSE Sold Prices

Land registry data shows one sale for 5 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 28 FEB	£116,500	£44,947	159% above HPI

What might 5 MILL CLOSE be worth now?

5 MILL CLOSE might now be worth an estimated £375,443.

This is based on house price inflation of 222.3%, between February 2002 and May 2026, for terraced houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 222.3% inflationary increase is applied to the most recent sale price for 5 MILL CLOSE of £116,500 on 28th February 2002. For the value to have increased from £116,500 to £375,443 over the 23 years and nine months to May 2026, the following assumptions must hold true:

• The value of 5 MILL CLOSE has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The February 2002 sale price of £116,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MILL CLOSE has not materially changed since February 2002.

Where is 5 MILL CLOSE?

5 MILL CLOSE is located in WAINFLEET, in the PE24 postcode district.