1, CAVENDISH ROAD, SKEGNESS, PE25 2QU - £105,000

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 CAVENDISH ROAD is a very small detached house of 35m², built sometime between 1900 and 1929. It was last sold for £105,000 in December 2021, which was around 60% below the average December 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

1 CAVENDISH ROAD Sold Prices

Land registry data shows four sales for 1 CAVENDISH 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. All of the four 1 CAVENDISH 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 7 DEC	£105,000	£260,179	60% below HPI
2005 14 APR	£80,000	£166,433	52% below HPI
2004 16 APR	£150,000	£151,848	1% below HPI
1996 25 OCT	£49,899	£57,578	13% below HPI

1 CAVENDISH 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 CAVENDISH ROAD sales between October 1996 and December 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 April 2005 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the December 2021 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 1 CAVENDISH ROAD?

1 CAVENDISH ROAD is 35m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% 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 CAVENDISH ROAD lies on this distribution: Less than 1% of detached houses are smaller than 1 CAVENDISH ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Skegness.

1 CAVENDISH ROAD: Plot and Title Map

1 CAVENDISH ROAD sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 1 CAVENDISH 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 CAVENDISH 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 CAVENDISH ROAD?

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