1, HOLLYOAK CLOSE, SKEGNESS, PE25 1TT - £255,000

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 HOLLYOAK CLOSE is a very large detached house of 146m², built sometime between 1996 and 2002. It was last sold for £255,000 in July 2023, which was around 7% below the average July 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

1 HOLLYOAK CLOSE Sold Prices

Land registry data shows three sales for 1 HOLLYOAK 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. One of the three 1 HOLLYOAK CLOSE sales was for below the average price, whilst two were for above 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
2023 27 JUL	£255,000	£275,032	7% below HPI
2014 6 JUN	£235,000	£174,182	35% above HPI
2006 14 SEP	£225,000	£176,340	28% above HPI

1 HOLLYOAK 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 HOLLYOAK CLOSE sales between September 2006 and July 2023 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 June 2014 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1 HOLLYOAK CLOSE?

1 HOLLYOAK CLOSE is 146m² according to the EPC inspection conducted in February 2020. This puts it in the largest 20% 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 HOLLYOAK CLOSE lies on this distribution: 85% of detached houses are smaller than 1 HOLLYOAK CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Skegness.

1 HOLLYOAK CLOSE: Plot and Title Map

1 HOLLYOAK CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 1 HOLLYOAK 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 HOLLYOAK 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 HOLLYOAK CLOSE?

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