2, BEACON PARK CLOSE, SKEGNESS, PE25 1HQ - £172,000

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

2 BEACON PARK CLOSE is a midsized detached house of 87m², built sometime between 1976 and 1982. It was last sold for £172,000 in September 2016, which was around 10% below the average September 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

2 BEACON PARK CLOSE Sold Prices

Land registry data shows four sales for 2 BEACON PARK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 2 BEACON PARK 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
2016 16 SEP	£172,000	£191,934	10% below HPI
2015 8 JUN	£158,000	£180,157	12% below HPI
2012 2 NOV	£130,000	£157,343	17% below HPI
1998 2 JUN	£56,000	£62,599	11% below HPI

2 BEACON PARK 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 four 2 BEACON PARK CLOSE sales between June 1998 and September 2016 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 June 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 BEACON PARK CLOSE?

2 BEACON PARK CLOSE is 87m² according to the EPC inspection conducted in June 2012. 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 2 BEACON PARK CLOSE lies on this distribution: 42% of detached houses are smaller than 2 BEACON PARK CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Skegness.

2 BEACON PARK CLOSE: Plot and Title Map

2 BEACON PARK CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 2 BEACON PARK 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 2 BEACON PARK 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 2 BEACON PARK CLOSE?

2 BEACON PARK CLOSE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 2 on BEACON PARK CLOSE.