1, EDEN CLOSE, SKEGNESS, PE25 3NT - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 EDEN CLOSE is a very small extended detached house of 69m², built sometime between 1983 and 1990. It was last sold for £200,000 in February 2024, which was around 25% below the average February 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

1 EDEN CLOSE Sold Prices

Land registry data shows three sales for 1 EDEN CLOSE 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. All of the three 1 EDEN CLOSE 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
2024 16 FEB	£200,000	£268,097	25% below HPI
2002 9 DEC	£106,000	£119,174	11% below HPI
1996 12 JUL	£48,000	£57,706	17% below HPI

1 EDEN CLOSE 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 1 EDEN CLOSE sales between July 1996 and February 2024 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 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 1 EDEN CLOSE be worth now?

1 EDEN CLOSE might now be worth an estimated £212,529.

This is based on house price inflation of 6.3%, between February 2024 and December 2024, for detached 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 6.3% inflationary increase is applied to the most recent sale price for 1 EDEN CLOSE of £200,000 on 16th February 2024. For the value to have increased from £200,000 to £212,529 over the two months to December 2024, the following assumptions must hold true:

• The value of 1 EDEN CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2024 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 EDEN CLOSE has not materially changed since February 2024.

How Large is 1 EDEN CLOSE?

1 EDEN CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 1 EDEN CLOSE lies on this distribution: 18% of detached houses houses are smaller than 1 EDEN CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Skegness.

1 EDEN CLOSE: Plot and Title Map

1 EDEN CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 1 EDEN CLOSE, 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 EDEN CLOSE). 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 EDEN CLOSE?

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