10, BURDETT CLOSE, SKEGNESS, PE25 2NY - £170,000

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.

10 BURDETT CLOSE is a small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £214,954. It was last sold for £170,000 in October 2020, which was around 25% below the average October 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

10 BURDETT CLOSE Sold Prices

Land registry data shows three sales for 10 BURDETT 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 10 BURDETT 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
2020 23 OCT	£170,000	£226,387	25% below HPI
2019 29 MAR	£145,000	£230,292	37% below HPI
1995 31 MAY	£42,000	£55,772	25% below HPI

10 BURDETT 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 10 BURDETT CLOSE sales between May 1995 and October 2020 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 March 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 10 BURDETT CLOSE be worth now?

10 BURDETT CLOSE might now be worth an estimated £214,954.

This is based on house price inflation of 26.4%, between October 2020 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 26.4% inflationary increase is applied to the most recent sale price for 10 BURDETT CLOSE of £170,000 on 23rd October 2020. For the value to have increased from £170,000 to £214,954 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 10 BURDETT CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2020 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 10 BURDETT CLOSE has not materially changed since October 2020.

How Large is 10 BURDETT CLOSE?

10 BURDETT CLOSE is 75m² according to the EPC inspection conducted in November 2017. 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 10 BURDETT CLOSE lies on this distribution: 26% of detached houses houses are smaller than 10 BURDETT CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Skegness.

10 BURDETT CLOSE: Plot and Title Map

10 BURDETT CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 10 BURDETT 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 10 BURDETT 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 10 BURDETT CLOSE?

10 BURDETT CLOSE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 10 on BURDETT CLOSE.