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

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.

15 HOYLAKE DRIVE is a large detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £286,746. It was last sold for £174,000 in April 2014, which was about 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. The four 15 HOYLAKE DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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	£173,700	Close to HPI
2006 19 APR	£170,000	£177,109	4% below HPI
2004 8 JUN	£30,000	£160,163	81% below HPI
2001 26 JAN	£79,950	£78,556	2% 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2014 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 HOYLAKE DRIVE be worth now?

15 HOYLAKE DRIVE might now be worth an estimated £286,746.

This is based on house price inflation of 64.8%, between April 2014 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 64.8% inflationary increase is applied to the most recent sale price for 15 HOYLAKE DRIVE of £174,000 on 10th April 2014. For the value to have increased from £174,000 to £286,746 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 15 HOYLAKE DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2014 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HOYLAKE DRIVE has not materially changed since April 2014.

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 houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 15 HOYLAKE DRIVE lies on this distribution: 69% of detached houses 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.