18, BURGHLEY ROAD, SKEGNESS, PE25 3NJ - £120,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 BURGHLEY ROAD is a midsized extended detached house of 93m², built sometime between 1991 and 1995. It was last sold for £120,000 in August 2002, which was around 14% above the average August 2002 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

18 BURGHLEY ROAD Sold Prices

Land registry data shows two sales for 18 BURGHLEY ROAD 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 18 BURGHLEY 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
2002 22 AUG	£120,000	£105,490	14% above HPI
1995 13 SEP	£67,000	£54,798	22% above HPI

18 BURGHLEY 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 two 18 BURGHLEY ROAD sales from September 1995 and August 2002 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 September 1995 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2002 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 18 BURGHLEY ROAD?

18 BURGHLEY ROAD is 93m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% 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 BURGHLEY ROAD lies on this distribution: 49% of detached houses are smaller than 18 BURGHLEY ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Skegness.

18 BURGHLEY ROAD: Plot and Title Map

18 BURGHLEY ROAD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 18 BURGHLEY 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 BURGHLEY 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 BURGHLEY ROAD?

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