12, DOWSING WAY, SKEGNESS, PE25 1LE - £143,000

12 DOWSING WAY is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £143,000 in February 2019, which was around 36% below the average February 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

12 DOWSING WAY Sold Prices

Land registry data shows three sales for 12 DOWSING WAY 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 12 DOWSING WAY 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
2019 6 FEB	£143,000	£225,096	36% below HPI
2018 19 FEB	£162,000	£208,569	22% below HPI
1998 28 AUG	£50,000	£64,389	22% below HPI

12 DOWSING WAY 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 DOWSING WAY sales between August 1998 and February 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 February 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 12 DOWSING WAY?

12 DOWSING WAY is 66m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 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 12 DOWSING WAY lies on this distribution: 13% of detached houses are smaller than 12 DOWSING WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Skegness.

12 DOWSING WAY: Plot and Title Map

12 DOWSING WAY sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 12 DOWSING WAY, 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 DOWSING WAY). 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 DOWSING WAY?

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