12, NORWOOD ROAD, SKEGNESS, PE25 3AD - £235,000

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 NORWOOD ROAD is a very large extended detached house of 183m², built sometime between 1930 and 1949. It was last sold for £235,000 in May 2019, which was around 8% above the average May 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was E.

12 NORWOOD ROAD Sold Prices

Land registry data shows four sales for 12 NORWOOD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 12 NORWOOD ROAD 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
2019 17 MAY	£235,000	£216,678	8% above HPI
2013 11 JAN	£191,000	£155,908	23% above HPI
2001 14 JUN	£97,000	£82,504	18% above HPI
1996 5 JUL	£75,000	£56,877	32% above HPI

12 NORWOOD 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 four 12 NORWOOD ROAD sales between July 1996 and May 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 January 2013 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 12 NORWOOD ROAD?

12 NORWOOD ROAD is 183m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the largest 10% 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 NORWOOD ROAD lies on this distribution: 94% of detached houses are smaller than 12 NORWOOD ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Skegness.

12 NORWOOD ROAD: Plot and Title Map

12 NORWOOD ROAD sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 12 NORWOOD 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 12 NORWOOD 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 12 NORWOOD ROAD?

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