103, RICHMOND DRIVE, SKEGNESS, PE25 3SG - £180,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

103 RICHMOND DRIVE is a small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £180,500 in December 2019, which was around 19% below the average December 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

103 RICHMOND DRIVE Sold Prices

Land registry data shows three sales for 103 RICHMOND 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 103 RICHMOND 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
2019 12 DEC	£180,500	£222,986	19% below HPI
1998 29 JUN	£67,995	£62,599	9% above HPI
1995 14 AUG	£60,000	£54,665	10% above HPI

103 RICHMOND 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 103 RICHMOND DRIVE sales between August 1995 and December 2019 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 June 1998 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 103 RICHMOND DRIVE?

103 RICHMOND DRIVE is 83m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 103 RICHMOND DRIVE lies on this distribution: 37% of detached houses are smaller than 103 RICHMOND DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Skegness.

103 RICHMOND DRIVE: Plot and Title Map

103 RICHMOND DRIVE sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 103 RICHMOND 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 103 RICHMOND 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 103 RICHMOND DRIVE?

103 RICHMOND DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 103 on RICHMOND DRIVE.