14, SYCAMORE CLOSE, CROFT, SKEGNESS, PE24 4SX - £210,000

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.

14 SYCAMORE CLOSE is a very small detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £223,718. It was last sold for £210,000 in February 2022, which was around 22% below the average February 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

14 SYCAMORE CLOSE Sold Prices

Land registry data shows three sales for 14 SYCAMORE CLOSE 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 14 SYCAMORE CLOSE 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 2 FEB	£210,000	£268,699	22% below HPI
2017 25 AUG	£160,000	£214,322	25% below HPI
2014 17 OCT	£130,000	£181,226	28% below HPI

14 SYCAMORE CLOSE 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 14 SYCAMORE CLOSE sales between October 2014 and February 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 August 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 14 SYCAMORE CLOSE be worth now?

14 SYCAMORE CLOSE might now be worth an estimated £223,718.

This is based on house price inflation of 6.5%, between February 2022 and February 2025, for 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 6.5% inflationary increase is applied to the most recent sale price for 14 SYCAMORE CLOSE of £210,000 on 2nd February 2022. For the value to have increased from £210,000 to £223,718 over the three years to February 2025, the following assumptions must hold true:

• The value of 14 SYCAMORE CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2022 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SYCAMORE CLOSE has not materially changed since February 2022.

How Large is 14 SYCAMORE CLOSE?

14 SYCAMORE CLOSE is 62m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses houses in Croft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Croft, and where 14 SYCAMORE CLOSE lies on this distribution: 12% of detached houses houses are smaller than 14 SYCAMORE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Croft.

14 SYCAMORE CLOSE: Plot and Title Map

14 SYCAMORE CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 14 SYCAMORE CLOSE, 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 SYCAMORE CLOSE). 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 SYCAMORE CLOSE?

14 SYCAMORE CLOSE is located in CROFT, in the PE24 postcode district. The below map shows the position of No. 14 on SYCAMORE CLOSE.