12, STONES CLOSE, HOGSTHORPE, SKEGNESS, PE24 5NZ - £175,000

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 STONES CLOSE is a small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £175,000 in March 2021, which was around 25% below the average March 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

12 STONES CLOSE Sold Prices

Land registry data shows five sales for 12 STONES 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 STONES CLOSE 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
2021 1 MAR	£175,000	£233,062	25% below HPI
2015 17 AUG	£152,000	£184,958	18% below HPI
2004 7 APR	£109,950	£151,848	28% below HPI
1999 22 OCT	£44,995	£67,772	34% below HPI
1998 3 APR	£40,500	£60,367	33% below HPI

12 STONES 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 STONES CLOSE sales between April 1998 and March 2021 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 August 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 STONES CLOSE?

12 STONES CLOSE is 66m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% of detached houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Hogsthorpe, and where 12 STONES CLOSE lies on this distribution: 25% of detached houses are smaller than 12 STONES CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

12 STONES CLOSE: Plot and Title Map

12 STONES CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 12 STONES 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 STONES 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 STONES CLOSE?

12 STONES CLOSE is located in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of No. 12 on STONES CLOSE.