16, FLAMBOROUGH CLOSE, SKEGNESS, PE25 1HR - £153,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 FLAMBOROUGH CLOSE is a small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £153,000 in June 2018, which was around 27% below the average June 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

16 FLAMBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 16 FLAMBOROUGH 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 FLAMBOROUGH 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
2018 13 JUN	£153,000	£210,621	27% below HPI
2014 16 DEC	£122,000	£176,376	31% below HPI

16 FLAMBOROUGH 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 FLAMBOROUGH CLOSE sales from December 2014 and June 2018 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 December 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2018 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 16 FLAMBOROUGH CLOSE?

16 FLAMBOROUGH CLOSE is 73m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 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 16 FLAMBOROUGH CLOSE lies on this distribution: 22% of detached houses are smaller than 16 FLAMBOROUGH CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Skegness.

16 FLAMBOROUGH CLOSE: Plot and Title Map

16 FLAMBOROUGH CLOSE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 16 FLAMBOROUGH 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 FLAMBOROUGH 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 FLAMBOROUGH CLOSE?

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