10, OCEAN AVENUE, SKEGNESS, PE25 3DN - £220,000

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 OCEAN AVENUE is a midsized extended detached house of 105m², built sometime between 1930 and 1949, which could now be worth an estimated £231,473. It was last sold for £220,000 in August 2024, which was around 19% below the average August 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

10 OCEAN AVENUE Sold Prices

Land registry data shows six sales for 10 OCEAN AVENUE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the six 10 OCEAN AVENUE 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
2024 9 AUG	£220,000	£272,064	19% below HPI
2018 31 OCT	£175,500	£221,942	21% below HPI
2014 30 MAY	£143,000	£174,953	18% below HPI
2005 19 MAY	£167,450	£173,870	4% below HPI
1998 21 OCT	£59,950	£65,491	8% below HPI
1996 6 SEP	£57,000	£58,955	3% below HPI

10 OCEAN AVENUE 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 six 10 OCEAN AVENUE sales between September 1996 and August 2024 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 October 2018 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2024 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 10 OCEAN AVENUE be worth now?

10 OCEAN AVENUE might now be worth an estimated £231,473.

This is based on house price inflation of 5.2%, between August 2024 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 5.2% inflationary increase is applied to the most recent sale price for 10 OCEAN AVENUE of £220,000 on 9th August 2024. For the value to have increased from £220,000 to £231,473 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 10 OCEAN AVENUE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2024 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 10 OCEAN AVENUE has not materially changed since August 2024.

How Large is 10 OCEAN AVENUE?

10 OCEAN AVENUE is 105m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 50% 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 OCEAN AVENUE lies on this distribution: 59% of detached houses houses are smaller than 10 OCEAN AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in Skegness.

10 OCEAN AVENUE: Plot and Title Map

10 OCEAN AVENUE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 10 OCEAN AVENUE, 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 OCEAN AVENUE). 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 OCEAN AVENUE?

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