14, PARK AVENUE, SKEGNESS, PE25 2TF - £152,500

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

14 PARK AVENUE is a midsized semi-detached house of 92m², built sometime between 1930 and 1949. It was last sold for £152,500 in February 2015, which was around 12% below the average February 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

14 PARK AVENUE Sold Prices

Land registry data shows four sales for 14 PARK AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 14 PARK AVENUE 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
2015 19 FEB	£152,500	£172,748	12% below HPI
2014 24 JUL	£150,000	£174,550	14% below HPI
2006 12 MAY	£139,950	£179,287	22% below HPI
2003 24 JUN	£90,000	£133,913	33% below HPI

14 PARK AVENUE 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 four 14 PARK AVENUE sales between June 2003 and February 2015 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 July 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 14 PARK AVENUE?

14 PARK AVENUE is 92m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 14 PARK AVENUE lies on this distribution: 47% of detached houses are smaller than 14 PARK AVENUE, and 52% of houses are larger. Note that EPC data is not available for all properties in Skegness.

14 PARK AVENUE: Plot and Title Map

14 PARK AVENUE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 14 PARK AVENUE, 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 14 PARK AVENUE). 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 14 PARK AVENUE?

14 PARK AVENUE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 14 on PARK AVENUE.