18, DENHAM CLOSE, SKEGNESS, PE25 3PH - £123,000

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 DENHAM CLOSE is a small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £123,000 in May 2018, which was around 41% below the average May 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

18 DENHAM CLOSE Sold Prices

Land registry data shows two sales for 18 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 18 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
2018 11 MAY	£123,000	£209,025	41% below HPI
2002 3 JAN	£78,000	£91,180	14% below HPI

18 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 18 DENHAM CLOSE sales from January 2002 and May 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 January 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 18 DENHAM CLOSE?

18 DENHAM CLOSE is 73m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 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 DENHAM CLOSE lies on this distribution: 22% of detached houses are smaller than 18 DENHAM CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Skegness.

18 DENHAM CLOSE: Plot and Title Map

18 DENHAM CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 18 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 18 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 18 DENHAM CLOSE?

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