1, SAMUEL JOHN WAY, SKEGNESS, PE25 2JZ - £157,500

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 SAMUEL JOHN WAY is a midsized detached house of 95m², built sometime between 2003 and 2006, which could now be worth an estimated £268,875. It was last sold for £157,500 in December 2010, which was around 6% below the average December 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

1 SAMUEL JOHN WAY Sold Prices

Land registry data shows two sales for 1 SAMUEL JOHN WAY 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 SAMUEL JOHN WAY 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
2010 1 DEC	£157,500	£167,679	6% below HPI
2007 19 OCT	£174,950	£190,812	8% below HPI

1 SAMUEL JOHN WAY 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 SAMUEL JOHN WAY sales from October 2007 and December 2010 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 October 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2010 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 1 SAMUEL JOHN WAY be worth now?

1 SAMUEL JOHN WAY might now be worth an estimated £268,875.

This is based on house price inflation of 70.7%, between December 2010 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 70.7% inflationary increase is applied to the most recent sale price for 1 SAMUEL JOHN WAY of £157,500 on 1st December 2010. For the value to have increased from £157,500 to £268,875 over the fifteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 SAMUEL JOHN WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2010 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SAMUEL JOHN WAY has not materially changed since December 2010.

How Large is 1 SAMUEL JOHN WAY?

1 SAMUEL JOHN WAY is 95m² according to the EPC inspection conducted in March 2010. This puts it in the largest 50% 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 SAMUEL JOHN WAY lies on this distribution: 51% of detached houses houses are smaller than 1 SAMUEL JOHN WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Skegness.

1 SAMUEL JOHN WAY: Plot and Title Map

1 SAMUEL JOHN WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 1 SAMUEL JOHN WAY, 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 SAMUEL JOHN WAY). 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 SAMUEL JOHN WAY?

1 SAMUEL JOHN WAY is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 1 on SAMUEL JOHN WAY.