121, BURGH ROAD, SKEGNESS, PE25 2LG - £160,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

121 BURGH ROAD is a small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £160,000 in March 2010, which was around 5% below the average March 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

121 BURGH ROAD Sold Prices

Land registry data shows two sales for 121 BURGH ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 121 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
2010 9 MAR	£160,000	£168,985	5% below HPI
2007 29 MAR	£136,000	£183,016	26% below HPI

121 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 two 121 BURGH ROAD sales from March 2007 and March 2010 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 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2010 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 121 BURGH ROAD?

121 BURGH ROAD is 75m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 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 121 BURGH ROAD lies on this distribution: 26% of detached houses are smaller than 121 BURGH ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Skegness.

121 BURGH ROAD: Plot and Title Map

121 BURGH ROAD sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 121 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 121 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 121 BURGH ROAD?

121 BURGH ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 121 on BURGH ROAD.