10, SADLER CLOSE, SKEGNESS, PE25 3NN - £225,000

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 SADLER CLOSE is a small detached house of 78m², built sometime between 1991 and 1995, which could now be worth an estimated £242,826. It was last sold for £225,000 in December 2021, which was around 15% below the average December 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

10 SADLER CLOSE Sold Prices

Land registry data shows three sales for 10 SADLER 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. The three 10 SADLER CLOSE sales were a mix of below the average price, and roughly equal to 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
2021 8 DEC	£225,000	£263,970	15% below HPI
2003 16 MAY	£130,000	£129,761	Close to HPI
1996 3 MAY	£53,250	£56,078	5% below HPI

10 SADLER 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 SADLER CLOSE sales between May 1996 and December 2021 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 May 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 10 SADLER CLOSE be worth now?

10 SADLER CLOSE might now be worth an estimated £242,826.

This is based on house price inflation of 7.9%, between December 2021 and March 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 7.9% inflationary increase is applied to the most recent sale price for 10 SADLER CLOSE of £225,000 on 8th December 2021. For the value to have increased from £225,000 to £242,826 over the four years and nine months to March 2025, the following assumptions must hold true:

• The value of 10 SADLER CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SADLER CLOSE has not materially changed since December 2021.

How Large is 10 SADLER CLOSE?

10 SADLER CLOSE is 78m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% 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 SADLER CLOSE lies on this distribution: 30% of detached houses houses are smaller than 10 SADLER CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Skegness.

10 SADLER CLOSE: Plot and Title Map

10 SADLER CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 10 SADLER 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 SADLER 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 SADLER CLOSE?

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