1, SORBY CLOSE, SKEGNESS, PE25 1RA - £175,000

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 SORBY CLOSE is a small detached house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £172,522. It was last sold for £175,000 in January 2025, which was around 40% below the average January 2025 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

1 SORBY CLOSE Sold Prices

Land registry data shows three sales for 1 SORBY 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. All of the three 1 SORBY CLOSE 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
2025 31 JAN	£175,000	£290,364	40% below HPI
2000 18 MAY	£62,000	£73,116	15% below HPI
1999 28 APR	£57,000	£65,717	13% below HPI

1 SORBY 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 SORBY CLOSE sales between April 1999 and January 2025 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 May 2000 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2025 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 1 SORBY CLOSE be worth now?

1 SORBY CLOSE might now be worth an estimated £172,522.

This is based on house price deflation of 1.4%, between January 2025 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 1.4% deflationary decrease is applied to the most recent sale price for 1 SORBY CLOSE of £175,000 on 31st January 2025. For the value to have decreased from £175,000 to £172,522 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 1 SORBY CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2025 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SORBY CLOSE has not materially changed since January 2025.

How Large is 1 SORBY CLOSE?

1 SORBY CLOSE is 75m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 30% 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 SORBY CLOSE lies on this distribution: 26% of detached houses houses are smaller than 1 SORBY CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Skegness.

1 SORBY CLOSE: Plot and Title Map

1 SORBY CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 1 SORBY 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 SORBY 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 SORBY CLOSE?

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