117, BURGH ROAD, SKEGNESS, PE25 2LG - £156,000

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

117 BURGH ROAD is a midsized detached house of 92m², built sometime between 1930 and 1949. It was last sold for £156,000 in October 2015, which was around 18% below the average October 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

117 BURGH ROAD Sold Prices

Land registry data shows three sales for 117 BURGH ROAD 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. All of the three 117 BURGH ROAD 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
2015 2 OCT	£156,000	£189,759	18% below HPI
2004 6 FEB	£130,000	£147,806	12% below HPI
2000 14 JAN	£55,000	£72,598	24% below HPI

117 BURGH ROAD 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 117 BURGH ROAD sales between January 2000 and October 2015 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 February 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 117 BURGH ROAD?

117 BURGH ROAD is 92m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 50% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 117 BURGH ROAD lies on this distribution: 47% of detached houses are smaller than 117 BURGH ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Skegness.

117 BURGH ROAD: Plot and Title Map

117 BURGH ROAD sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 117 BURGH ROAD, 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 117 BURGH ROAD). 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 117 BURGH ROAD?

117 BURGH ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 117 on BURGH ROAD.