176, BURGH ROAD, SKEGNESS, PE25 2RW - £145,000

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

176 BURGH ROAD is a large extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £145,000 in January 2018, which was around 31% below the average January 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

176 BURGH ROAD Sold Prices

Land registry data shows three sales for 176 BURGH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 176 BURGH ROAD sales were for below the average price, whilst one was for above 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 26 JAN	£145,000	£209,687	31% below HPI
2007 17 AUG	£220,000	£192,296	14% above HPI
2004 7 JUN	£125,000	£157,863	21% below HPI

176 BURGH ROAD 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 three 176 BURGH ROAD sales between June 2004 and January 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 August 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 176 BURGH ROAD?

176 BURGH ROAD is 108m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 40% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 176 BURGH ROAD lies on this distribution: 61% of detached houses are smaller than 176 BURGH ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Skegness.

176 BURGH ROAD: Plot and Title Map

176 BURGH ROAD sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of 176 BURGH ROAD, 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 176 BURGH ROAD). 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 176 BURGH ROAD?

176 BURGH ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 176 on BURGH ROAD.