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
11 FLAMBOROUGH CLOSE is a very large detached house of 154m², built sometime between 1976 and 1982. It was last sold for £175,000 in November 2007, which was around 7% below the average November 2007 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 11 FLAMBOROUGH CLOSE since 1st 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. One of the two 11 FLAMBOROUGH CLOSE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2007 15 NOV | £175,000 | £188,186 | 7% below HPI |
2001 30 AUG | £91,000 | £83,628 | 9% above HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 11 FLAMBOROUGH CLOSE sales from August 2001 and November 2007 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 August 2001 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2007 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
11 FLAMBOROUGH CLOSE is 154m² according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 11 FLAMBOROUGH CLOSE lies on this distribution: 88% of detached houses are smaller than 11 FLAMBOROUGH CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Skegness.
11 FLAMBOROUGH CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 11 FLAMBOROUGH 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 11 FLAMBOROUGH 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.
11 FLAMBOROUGH CLOSE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 11 on FLAMBOROUGH CLOSE.