15, NELSON CLOSE, SKEGNESS, PE25 1TA - £160,000

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 NELSON CLOSE is a very small detached house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £200,696. It was last sold for £160,000 in October 2019, which was around 30% below the average October 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

15 NELSON CLOSE Sold Prices

Land registry data shows four sales for 15 NELSON CLOSE 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 15 NELSON 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
2019 29 OCT	£160,000	£228,208	30% below HPI
2010 5 NOV	£133,000	£167,973	21% below HPI
2005 12 OCT	£145,000	£178,664	19% below HPI
1996 15 NOV	£53,000	£58,264	9% below HPI

15 NELSON 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 four 15 NELSON CLOSE sales between November 1996 and October 2019 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 November 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 15 NELSON CLOSE be worth now?

15 NELSON CLOSE might now be worth an estimated £200,696.

This is based on house price inflation of 25.4%, between October 2019 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 25.4% inflationary increase is applied to the most recent sale price for 15 NELSON CLOSE of £160,000 on 29th October 2019. For the value to have increased from £160,000 to £200,696 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 NELSON CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2019 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NELSON CLOSE has not materially changed since October 2019.

How Large is 15 NELSON CLOSE?

15 NELSON CLOSE is 66m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% 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 NELSON CLOSE lies on this distribution: 13% of detached houses houses are smaller than 15 NELSON CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Skegness.

15 NELSON CLOSE: Plot and Title Map

15 NELSON CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 15 NELSON 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 15 NELSON 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 15 NELSON CLOSE?

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