1, JOHNSON CLOSE, SKEGNESS, PE25 1TB - £185,000

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.

1 JOHNSON CLOSE is a very small semi-detached house of 50m², built sometime between 1996 and 2002, which could now be worth an estimated £192,738. It was last sold for £185,000 in October 2023, which was about the average October 2023 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

1 JOHNSON CLOSE Sold Prices

Land registry data shows three sales for 1 JOHNSON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. The three 1 JOHNSON CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2023 6 OCT	£185,000	£185,197	Close to HPI
2006 29 MAR	£117,000	£115,177	2% above HPI
1998 9 JAN	£38,500	£40,162	4% below HPI

1 JOHNSON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 1 JOHNSON CLOSE sales between January 1998 and October 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 March 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 JOHNSON CLOSE be worth now?

1 JOHNSON CLOSE might now be worth an estimated £192,738.

This is based on house price inflation of 4.2%, between October 2023 and February 2025, for semi-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 4.2% inflationary increase is applied to the most recent sale price for 1 JOHNSON CLOSE of £185,000 on 6th October 2023. For the value to have increased from £185,000 to £192,738 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 JOHNSON CLOSE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The October 2023 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 1 JOHNSON CLOSE has not materially changed since October 2023.

How Large is 1 JOHNSON CLOSE?

1 JOHNSON CLOSE is 50m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of semi-detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Skegness, and where 1 JOHNSON CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 1 JOHNSON CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Skegness.

1 JOHNSON CLOSE: Plot and Title Map

1 JOHNSON CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 1 JOHNSON 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 JOHNSON 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 JOHNSON CLOSE?

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