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

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.

10 HOYLAKE DRIVE is a large extended detached house of 128m², built sometime between 1930 and 1949, which could now be worth an estimated £264,875. It was last sold for £177,500 in July 2016, which was around 7% 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. The three 10 HOYLAKE DRIVE sales were a mix of below the average price, roughly equal to the average price, and 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	£191,825	7% below HPI
2002 12 APR	£108,000	£99,217	9% above HPI
1999 7 MAY	£68,500	£68,252	Close to 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 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 10 HOYLAKE DRIVE be worth now?

10 HOYLAKE DRIVE might now be worth an estimated £264,875.

This is based on house price inflation of 49.2%, between July 2016 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 49.2% inflationary increase is applied to the most recent sale price for 10 HOYLAKE DRIVE of £177,500 on 18th July 2016. For the value to have increased from £177,500 to £264,875 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 10 HOYLAKE DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2016 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 10 HOYLAKE DRIVE has not materially changed since July 2016.

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 houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 10 HOYLAKE DRIVE lies on this distribution: 75% of detached houses 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.