120, DRUMMOND ROAD, SKEGNESS, PE25 3EH - £199,950

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 DRUMMOND ROAD is a midsized detached house of 104m², built sometime before 1900. It was last sold for £199,950 in April 2022, which was around 24% below the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

120 DRUMMOND ROAD Sold Prices

Land registry data shows five sales for 120 DRUMMOND ROAD 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 120 DRUMMOND 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 14 APR	£199,950	£264,293	24% below HPI
2011 23 SEP	£108,000	£168,640	36% below HPI
2003 25 JUL	£109,000	£136,015	20% below HPI
2001 2 MAR	£63,000	£75,801	17% below HPI
1995 24 AUG	£30,000	£54,665	45% below HPI

120 DRUMMOND 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 five 120 DRUMMOND ROAD sales between August 1995 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 September 2011 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 120 DRUMMOND ROAD?

120 DRUMMOND ROAD is 104m² according to the EPC inspection conducted in February 2022. This puts it in the largest 50% 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 DRUMMOND ROAD lies on this distribution: 59% of detached houses are smaller than 120 DRUMMOND ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Skegness.

120 DRUMMOND ROAD: Plot and Title Map

120 DRUMMOND ROAD sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 120 DRUMMOND 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 DRUMMOND 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 DRUMMOND ROAD?

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