12, WICKENBY WAY, SKEGNESS, PE25 1GR - £118,950

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 WICKENBY WAY is a very small semi-detached house of 55m², which could now be worth an estimated £195,042. It was last sold for £118,950 in August 2014, which was around 1% above the average August 2014 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

12 WICKENBY WAY Sold Prices

Land registry data shows two sales for 12 WICKENBY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 12 WICKENBY WAY 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
2014 15 AUG	£118,950	£117,670	1% above HPI
2012 28 MAR	£114,000	£107,445	6% above HPI

12 WICKENBY WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 12 WICKENBY WAY sales from March 2012 and August 2014 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 March 2012 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 12 WICKENBY WAY be worth now?

12 WICKENBY WAY might now be worth an estimated £195,042.

This is based on house price inflation of 64%, between August 2014 and February 2025, for semi-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 64% inflationary increase is applied to the most recent sale price for 12 WICKENBY WAY of £118,950 on 15th August 2014. For the value to have increased from £118,950 to £195,042 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 12 WICKENBY WAY has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The August 2014 sale price of £118,950 represented a fair market value for the property.
• The size, condition, and specification of 12 WICKENBY WAY has not materially changed since August 2014.

How Large is 12 WICKENBY WAY?

12 WICKENBY WAY is 55m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of semi-detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Skegness, and where 12 WICKENBY WAY lies on this distribution: 2% of semi-detached houses houses are smaller than 12 WICKENBY WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Skegness.

12 WICKENBY WAY: Plot and Title Map

12 WICKENBY WAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 12 WICKENBY 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 WICKENBY 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 WICKENBY WAY?

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