10, PERTH CLOSE, SKEGNESS, PE25 2HY - £180,000

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 PERTH CLOSE is a very small detached house of 62m², built sometime between 1976 and 1982, which could now be worth an estimated £191,759. It was last sold for £180,000 in February 2022, which was around 33% below the average February 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

10 PERTH CLOSE Sold Prices

Land registry data shows two sales for 10 PERTH 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 10 PERTH 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
2022 21 FEB	£180,000	£268,699	33% below HPI
2001 19 OCT	£64,000	£90,279	29% below HPI

10 PERTH 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 10 PERTH CLOSE sales from October 2001 and February 2022 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 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 10 PERTH CLOSE be worth now?

10 PERTH CLOSE might now be worth an estimated £191,759.

This is based on house price inflation of 6.5%, between February 2022 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 6.5% inflationary increase is applied to the most recent sale price for 10 PERTH CLOSE of £180,000 on 21st February 2022. For the value to have increased from £180,000 to £191,759 over the three years to February 2025, the following assumptions must hold true:

• The value of 10 PERTH CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2022 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PERTH CLOSE has not materially changed since February 2022.

How Large is 10 PERTH CLOSE?

10 PERTH CLOSE is 62m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 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 10 PERTH CLOSE lies on this distribution: 8% of detached houses houses are smaller than 10 PERTH CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Skegness.

10 PERTH CLOSE: Plot and Title Map

10 PERTH CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 10 PERTH 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 PERTH 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 PERTH CLOSE?

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