120, BURGH ROAD, SKEGNESS, PE25 2RJ - £220,000

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

120 BURGH ROAD is a large extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £220,000 in April 2022, which was around 17% below the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

120 BURGH ROAD Sold Prices

Land registry data shows three sales for 120 BURGH ROAD 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 120 BURGH ROAD 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
2022 11 APR	£220,000	£264,293	17% below HPI
2014 7 NOV	£140,000	£177,608	21% below HPI
2000 14 JUL	£65,500	£75,156	13% below HPI

120 BURGH 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 three 120 BURGH ROAD sales between July 2000 and April 2022 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 November 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2022 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 120 BURGH ROAD?

120 BURGH ROAD is 120m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 120 BURGH ROAD lies on this distribution: 70% of detached houses are smaller than 120 BURGH ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Skegness.

120 BURGH ROAD: Plot and Title Map

120 BURGH ROAD sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 120 BURGH 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 120 BURGH 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 120 BURGH ROAD?

120 BURGH ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 120 on BURGH ROAD.