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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 FLAMBOROUGH CLOSE is a small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £203,980. It was last sold for £153,000 in June 2018, which was around 28% 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	£213,690	28% below HPI
2014 16 DEC	£122,000	£178,946	32% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 16 FLAMBOROUGH CLOSE be worth now?

16 FLAMBOROUGH CLOSE might now be worth an estimated £203,980.

This is based on house price inflation of 33.3%, between June 2018 and December 2024, 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 33.3% inflationary increase is applied to the most recent sale price for 16 FLAMBOROUGH CLOSE of £153,000 on 13th June 2018. For the value to have increased from £153,000 to £203,980 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of 16 FLAMBOROUGH CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2018 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FLAMBOROUGH CLOSE has not materially changed since June 2018.

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 houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 16 FLAMBOROUGH CLOSE lies on this distribution: 22% of detached houses 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 0.064 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.