12, FLAMBOROUGH CLOSE, SKEGNESS, PE25 1HR - £215,000

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

12 FLAMBOROUGH CLOSE is a large detached house of 118m², built sometime between 1996 and 2002. It was last sold for £215,000 in March 2016, which was around 16% above the average March 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

12 FLAMBOROUGH CLOSE Sold Prices

Land registry data shows five sales for 12 FLAMBOROUGH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 12 FLAMBOROUGH CLOSE sales 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
2016 2 MAR	£215,000	£186,100	16% above HPI
2009 15 MAY	£175,000	£159,196	10% above HPI
2004 18 AUG	£172,000	£161,119	7% above HPI
2002 4 DEC	£136,000	£117,463	16% above HPI
2002 21 MAR	£95,000	£93,311	2% above HPI

12 FLAMBOROUGH CLOSE 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 five 12 FLAMBOROUGH CLOSE sales between March 2002 and March 2016 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 May 2009 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2016 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 12 FLAMBOROUGH CLOSE?

12 FLAMBOROUGH CLOSE is 118m² according to the EPC inspection conducted in June 2015. This puts it in the largest 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 12 FLAMBOROUGH CLOSE lies on this distribution: 68% of detached houses are smaller than 12 FLAMBOROUGH CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Skegness.

12 FLAMBOROUGH CLOSE: Plot and Title Map

12 FLAMBOROUGH CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 12 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 12 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.

Where is 12 FLAMBOROUGH CLOSE?

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