12, BUCKTHORN AVENUE, SKEGNESS, PE25 3DE - £322,500

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.

12 BUCKTHORN AVENUE is a very large detached house of 139m², built sometime between 1950 and 1966, which could now be worth an estimated £343,235. It was last sold for £322,500 in March 2022, which was around 20% above the average March 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

12 BUCKTHORN AVENUE Sold Prices

Land registry data shows three sales for 12 BUCKTHORN AVENUE 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. Two of the three 12 BUCKTHORN AVENUE sales were for above the average price, whilst one was 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 25 MAR	£322,500	£267,673	20% above HPI
2014 21 FEB	£147,050	£170,789	14% below HPI
1998 11 DEC	£96,500	£67,466	43% above HPI

12 BUCKTHORN AVENUE 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 12 BUCKTHORN AVENUE sales between December 1998 and March 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 February 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2022 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 12 BUCKTHORN AVENUE be worth now?

12 BUCKTHORN AVENUE might now be worth an estimated £343,235.

This is based on house price inflation of 6.4%, between March 2022 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 6.4% inflationary increase is applied to the most recent sale price for 12 BUCKTHORN AVENUE of £322,500 on 25th March 2022. For the value to have increased from £322,500 to £343,235 over the three years to March 2025, the following assumptions must hold true:

• The value of 12 BUCKTHORN AVENUE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2022 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 12 BUCKTHORN AVENUE has not materially changed since March 2022.

How Large is 12 BUCKTHORN AVENUE?

12 BUCKTHORN AVENUE is 139m² according to the EPC inspection conducted in November 2021. This puts it in the largest 20% 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 12 BUCKTHORN AVENUE lies on this distribution: 81% of detached houses houses are smaller than 12 BUCKTHORN AVENUE, and 19% of houses are larger. Note that EPC data is not available for all properties in Skegness.

12 BUCKTHORN AVENUE: Plot and Title Map

12 BUCKTHORN AVENUE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 12 BUCKTHORN AVENUE, 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 12 BUCKTHORN AVENUE). 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 12 BUCKTHORN AVENUE?

12 BUCKTHORN AVENUE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 12 on BUCKTHORN AVENUE.