2, BURGH ROAD, ORBY, SKEGNESS, PE24 5HR - £220,000

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

2 BURGH ROAD is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £220,000 in April 2021, which was around 5% below the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

2 BURGH ROAD Sold Prices

Land registry data shows two sales for 2 BURGH 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 2 BURGH ROAD 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
2021 30 APR	£220,000	£232,750	5% below HPI
2000 16 AUG	£65,500	£75,614	13% below HPI

2 BURGH 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 2 BURGH ROAD sales from August 2000 and April 2021 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 August 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 BURGH ROAD?

2 BURGH ROAD is 75m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Orby, based on EPC data. The below chart shows the distribution of detached houses by size in Orby, and where 2 BURGH ROAD lies on this distribution: 12% of detached houses are smaller than 2 BURGH ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Orby.

2 BURGH ROAD: Plot and Title Map

2 BURGH ROAD sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 2 BURGH 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 2 BURGH 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 2 BURGH ROAD?

2 BURGH ROAD is located in ORBY, in the PE24 postcode district. The below map shows the position of No. 2 on BURGH ROAD.