10, HOYLAKE DRIVE, SKEGNESS, PE25 1AA - £177,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 HOYLAKE DRIVE is a large extended detached house of 128m², built sometime between 1930 and 1949. It was last sold for £177,500 in July 2016, which was around 6% below the average July 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

10 HOYLAKE DRIVE Sold Prices

Land registry data shows three sales for 10 HOYLAKE DRIVE 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. One of the three 10 HOYLAKE DRIVE sales was for below the average price, whilst two 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
2016 18 JUL	£177,500	£189,070	6% below HPI
2002 12 APR	£108,000	£97,792	10% above HPI
1999 7 MAY	£68,500	£67,272	2% above HPI

10 HOYLAKE DRIVE 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 HOYLAKE DRIVE sales between May 1999 and July 2016 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 April 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 10 HOYLAKE DRIVE?

10 HOYLAKE DRIVE is 128m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 30% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 10 HOYLAKE DRIVE lies on this distribution: 76% of detached houses are smaller than 10 HOYLAKE DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Skegness.

10 HOYLAKE DRIVE: Plot and Title Map

10 HOYLAKE DRIVE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 10 HOYLAKE DRIVE, 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 HOYLAKE DRIVE). 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 HOYLAKE DRIVE?

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