18, BURGH OLD ROAD, SKEGNESS, PE25 2LN - £218,500

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

18 BURGH OLD ROAD is a large detached house of 134m², built sometime between 1930 and 1949. It was last sold for £218,500 in April 2012, which was around 36% above the average April 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

18 BURGH OLD ROAD Sold Prices

Land registry data shows three sales for 18 BURGH OLD 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. All of the three 18 BURGH OLD ROAD sales were 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
2012 30 APR	£218,500	£160,464	36% above HPI
1997 25 APR	£72,950	£58,054	26% above HPI
1996 19 JUL	£65,000	£56,877	14% above HPI

18 BURGH OLD 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 18 BURGH OLD ROAD sales between July 1996 and April 2012 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 April 1997 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2012 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 18 BURGH OLD ROAD?

18 BURGH OLD ROAD is 134m² according to the EPC inspection conducted in June 2024. This puts it in the largest 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 18 BURGH OLD ROAD lies on this distribution: 79% of detached houses are smaller than 18 BURGH OLD ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Skegness.

18 BURGH OLD ROAD: Plot and Title Map

18 BURGH OLD ROAD sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of 18 BURGH OLD 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 18 BURGH OLD 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 18 BURGH OLD ROAD?

18 BURGH OLD ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 18 on BURGH OLD ROAD.