1, SKIPWORTH WAY, SKEGNESS, PE25 1RS - £140,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 SKIPWORTH WAY is a very small detached house of 56m², built sometime between 1991 and 1995. It was last sold for £140,000 in May 2006, which was around 22% below the average May 2006 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

1 SKIPWORTH WAY Sold Prices

Land registry data shows two sales for 1 SKIPWORTH 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 SKIPWORTH 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
2006 9 MAY	£140,000	£179,287	22% below HPI
1996 26 FEB	£41,000	£54,199	24% below HPI

1 SKIPWORTH 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 SKIPWORTH WAY sales from February 1996 and May 2006 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 February 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2006 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 SKIPWORTH WAY?

1 SKIPWORTH WAY is 56m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% 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 SKIPWORTH WAY lies on this distribution: 3% of detached houses are smaller than 1 SKIPWORTH WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Skegness.

1 SKIPWORTH WAY: Plot and Title Map

1 SKIPWORTH WAY sits on a plot of roughly 0.068 of an acre, or 273m². The below map shows the location of 1 SKIPWORTH 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 SKIPWORTH 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 SKIPWORTH WAY?

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