1, LYNN WELL CLOSE, SKEGNESS, PE25 1DS - £220,000

1 LYNN WELL CLOSE is a small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £220,000 in April 2022, which was around 17% below the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

1 LYNN WELL CLOSE Sold Prices

Land registry data shows three sales for 1 LYNN WELL 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. The three 1 LYNN WELL CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2022 13 APR	£220,000	£265,146	17% below HPI
1999 27 JAN	£67,500	£67,519	Close to HPI
1996 23 DEC	£59,950	£58,189	3% above HPI

1 LYNN WELL 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 LYNN WELL CLOSE sales between December 1996 and April 2022 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 1999 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 LYNN WELL CLOSE?

1 LYNN WELL CLOSE is 79m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% 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 LYNN WELL CLOSE lies on this distribution: 32% of detached houses are smaller than 1 LYNN WELL CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Skegness.

1 LYNN WELL CLOSE: Plot and Title Map

1 LYNN WELL CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 1 LYNN WELL 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 LYNN WELL 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 LYNN WELL CLOSE?

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