1, SOUTH VIEW CLOSE, SKEGNESS, PE25 3JU - £168,500

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 SOUTH VIEW CLOSE is a very large extended detached house of 164m², built sometime between 1930 and 1949, which could now be worth an estimated £289,059. It was last sold for £168,500 in November 2011, which was around 1% above the average November 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

1 SOUTH VIEW CLOSE Sold Prices

Land registry data shows two sales for 1 SOUTH VIEW CLOSE 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 SOUTH VIEW CLOSE sales were for 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
2011 11 NOV	£168,500	£166,864	1% above HPI
2000 16 AUG	£84,000	£76,716	9% above HPI

1 SOUTH VIEW 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 two 1 SOUTH VIEW CLOSE sales from August 2000 and November 2011 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 August 2000 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2011 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 1 SOUTH VIEW CLOSE be worth now?

1 SOUTH VIEW CLOSE might now be worth an estimated £289,059.

This is based on house price inflation of 71.5%, between November 2011 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 71.5% inflationary increase is applied to the most recent sale price for 1 SOUTH VIEW CLOSE of £168,500 on 11th November 2011. For the value to have increased from £168,500 to £289,059 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 SOUTH VIEW CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2011 sale price of £168,500 represented a fair market value for the property.
• The size, condition, and specification of 1 SOUTH VIEW CLOSE has not materially changed since November 2011.

How Large is 1 SOUTH VIEW CLOSE?

1 SOUTH VIEW CLOSE is 164m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 10% 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 SOUTH VIEW CLOSE lies on this distribution: 91% of detached houses houses are smaller than 1 SOUTH VIEW CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Skegness.

1 SOUTH VIEW CLOSE: Plot and Title Map

1 SOUTH VIEW CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 1 SOUTH VIEW 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 SOUTH VIEW 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 SOUTH VIEW CLOSE?

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