1, BURGH ROAD, SKEGNESS, PE25 2RA - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BURGH ROAD is a midsized detached house of 104m², built sometime between 1930 and 1949. It was last sold for £215,000 in March 2018, which was around 4% above the average March 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

1 BURGH ROAD Sold Prices

Land registry data shows four sales for 1 BURGH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. two of the four 1 BURGH ROAD sales were for above the average price, and four 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
2018 29 MAR	£215,000	£207,278	4% above HPI
2009 16 DEC	£215,000	£163,724	31% above HPI
1998 25 SEP	£55,750	£65,381	15% below HPI
1996 26 JUL	£44,000	£56,877	23% below HPI

1 BURGH 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 four 1 BURGH ROAD sales between July 1996 and March 2018 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 December 2009 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 1 BURGH ROAD?

1 BURGH ROAD is 104m² according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 1 BURGH ROAD lies on this distribution: 59% of detached houses are smaller than 1 BURGH ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Skegness.

1 BURGH ROAD: Plot and Title Map

1 BURGH ROAD sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 1 BURGH 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 1 BURGH 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 1 BURGH ROAD?

1 BURGH ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 1 on BURGH ROAD.