16, DENHAM CLOSE, SKEGNESS, PE25 3PH - £175,000

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.

16 DENHAM CLOSE is a very small detached house of 47m², built sometime between 1930 and 1949, which could now be worth an estimated £179,180. It was last sold for £175,000 in October 2023, which was around 37% below the average October 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

16 DENHAM CLOSE Sold Prices

Land registry data shows two sales for 16 DENHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 16 DENHAM 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
2023 2 OCT	£175,000	£279,574	37% below HPI
2020 18 FEB	£105,500	£215,333	51% below HPI

16 DENHAM 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 two 16 DENHAM CLOSE sales from February 2020 and October 2023 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 February 2020 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 16 DENHAM CLOSE be worth now?

16 DENHAM CLOSE might now be worth an estimated £179,180.

This is based on house price inflation of 2.4%, between October 2023 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 2.4% inflationary increase is applied to the most recent sale price for 16 DENHAM CLOSE of £175,000 on 2nd October 2023. For the value to have increased from £175,000 to £179,180 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 DENHAM CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2023 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 16 DENHAM CLOSE has not materially changed since October 2023.

How Large is 16 DENHAM CLOSE?

16 DENHAM CLOSE is 47m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% 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 16 DENHAM CLOSE lies on this distribution: 1% of detached houses houses are smaller than 16 DENHAM CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Skegness.

16 DENHAM CLOSE: Plot and Title Map

16 DENHAM CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 16 DENHAM 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 16 DENHAM 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 16 DENHAM CLOSE?

16 DENHAM CLOSE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 16 on DENHAM CLOSE.