1, LETTWELL CRESCENT, SKEGNESS, PE25 3LB - £50,000

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 LETTWELL CRESCENT is a large extended detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £216,359. It was last sold for £50,000 in March 1999, which was around 24% below the average March 1999 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

1 LETTWELL CRESCENT Sold Prices

Land registry data shows two sales for 1 LETTWELL CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 1 LETTWELL CRESCENT 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
1999 1 MAR	£50,000	£66,152	24% below HPI
1995 31 JAN	£32,500	£60,455	46% below HPI

1 LETTWELL CRESCENT 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 two 1 LETTWELL CRESCENT sales from January 1995 and March 1999 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 January 1995 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 1999 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 1 LETTWELL CRESCENT be worth now?

1 LETTWELL CRESCENT might now be worth an estimated £216,359.

This is based on house price inflation of 332.7%, between March 1999 and February 2025, 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 332.7% inflationary increase is applied to the most recent sale price for 1 LETTWELL CRESCENT of £50,000 on 1st March 1999. For the value to have increased from £50,000 to £216,359 over the 26 years and one month to February 2025, the following assumptions must hold true:

• The value of 1 LETTWELL CRESCENT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 1999 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LETTWELL CRESCENT has not materially changed since March 1999.

How Large is 1 LETTWELL CRESCENT?

1 LETTWELL CRESCENT is 117m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 40% 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 LETTWELL CRESCENT lies on this distribution: 68% of detached houses houses are smaller than 1 LETTWELL CRESCENT, and 32% of houses are larger. Note that EPC data is not available for all properties in Skegness.

1 LETTWELL CRESCENT: Plot and Title Map

1 LETTWELL CRESCENT sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 1 LETTWELL CRESCENT, 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 LETTWELL CRESCENT). 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 LETTWELL CRESCENT?

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