15, HOYLAKE DRIVE, SKEGNESS, PE25 1AB - £174,000

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

15 HOYLAKE DRIVE is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £174,000 in April 2014, which was around 2% above the average April 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

15 HOYLAKE DRIVE Sold Prices

Land registry data shows four sales for 15 HOYLAKE DRIVE 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. two of the four 15 HOYLAKE DRIVE sales were for above the average price, and four 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
2014 10 APR	£174,000	£171,205	2% above HPI
2006 19 APR	£170,000	£174,566	3% below HPI
2004 8 JUN	£30,000	£157,863	81% below HPI
2001 26 JAN	£79,950	£77,428	3% above HPI

15 HOYLAKE DRIVE 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 15 HOYLAKE DRIVE sales between January 2001 and April 2014 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 April 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2014 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 15 HOYLAKE DRIVE?

15 HOYLAKE DRIVE is 120m² according to the EPC inspection conducted in October 2012. 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 15 HOYLAKE DRIVE lies on this distribution: 70% of detached houses are smaller than 15 HOYLAKE DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Skegness.

15 HOYLAKE DRIVE: Plot and Title Map

15 HOYLAKE DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 15 HOYLAKE DRIVE, 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 15 HOYLAKE DRIVE). 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 15 HOYLAKE DRIVE?

15 HOYLAKE DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 15 on HOYLAKE DRIVE.