17, DENHAM CLOSE, SKEGNESS, PE25 3PH - £132,500

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

17 DENHAM CLOSE is a very small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £168,006. It was last sold for £132,500 in September 2019, which was around 41% below the average September 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was B.

17 DENHAM CLOSE Sold Prices

Land registry data shows two sales for 17 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 17 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
2019 13 SEP	£132,500	£224,683	41% below HPI
2003 2 MAY	£97,000	£129,761	25% below HPI

17 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 17 DENHAM CLOSE sales from May 2003 and September 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 May 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 17 DENHAM CLOSE be worth now?

17 DENHAM CLOSE might now be worth an estimated £168,006.

This is based on house price inflation of 26.8%, between September 2019 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 26.8% inflationary increase is applied to the most recent sale price for 17 DENHAM CLOSE of £132,500 on 13th September 2019. For the value to have increased from £132,500 to £168,006 over the four years and nine months to December 2024, the following assumptions must hold true:

• The value of 17 DENHAM CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2019 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 17 DENHAM CLOSE has not materially changed since September 2019.

How Large is 17 DENHAM CLOSE?

17 DENHAM CLOSE is 56m² according to the EPC inspection conducted in May 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 17 DENHAM CLOSE lies on this distribution: 3% of detached houses houses are smaller than 17 DENHAM CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Skegness.

17 DENHAM CLOSE: Plot and Title Map

17 DENHAM CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 17 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 17 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 17 DENHAM CLOSE?

17 DENHAM CLOSE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 17 on DENHAM CLOSE.