18, ROYAL ARTHUR CLOSE, SKEGNESS, PE25 3PD - £232,500

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

18 ROYAL ARTHUR CLOSE is a midsized extended detached house of 103m², built sometime between 1991 and 1995, which could now be worth an estimated £238,418. It was last sold for £232,500 in May 2024, which was around 16% below the average May 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

18 ROYAL ARTHUR CLOSE Sold Prices

Land registry data shows three sales for 18 ROYAL ARTHUR CLOSE 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 ROYAL ARTHUR 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
2024 17 MAY	£232,500	£277,820	16% below HPI
2003 14 JUL	£129,950	£137,997	6% below HPI
1995 30 JUN	£50,000	£55,052	9% below HPI

18 ROYAL ARTHUR 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 three 18 ROYAL ARTHUR CLOSE sales between June 1995 and May 2024 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 July 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2024 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 18 ROYAL ARTHUR CLOSE be worth now?

18 ROYAL ARTHUR CLOSE might now be worth an estimated £238,418.

This is based on house price inflation of 2.5%, between May 2024 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 2.5% inflationary increase is applied to the most recent sale price for 18 ROYAL ARTHUR CLOSE of £232,500 on 17th May 2024. For the value to have increased from £232,500 to £238,418 over the five months to December 2024, the following assumptions must hold true:

• The value of 18 ROYAL ARTHUR CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2024 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 18 ROYAL ARTHUR CLOSE has not materially changed since May 2024.

How Large is 18 ROYAL ARTHUR CLOSE?

18 ROYAL ARTHUR CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 50% 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 18 ROYAL ARTHUR CLOSE lies on this distribution: 58% of detached houses houses are smaller than 18 ROYAL ARTHUR CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Skegness.

18 ROYAL ARTHUR CLOSE: Plot and Title Map

18 ROYAL ARTHUR CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 18 ROYAL ARTHUR 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 ROYAL ARTHUR 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 ROYAL ARTHUR CLOSE?

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