2, BURGHLEY ROAD, SKEGNESS, PE25 3NJ - £165,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 BURGHLEY ROAD is a midsized extended semi-detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £220,373. It was last sold for £165,000 in June 2019, which was around 14% above the average June 2019 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

2 BURGHLEY ROAD Sold Prices

Land registry data shows two sales for 2 BURGHLEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 2 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
2019 21 JUN	£165,000	£144,462	14% above HPI
1999 4 JUN	£49,500	£42,739	16% above HPI

2 BURGHLEY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 2 BURGHLEY ROAD sales from June 1999 and June 2019 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 1999 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2019 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2 BURGHLEY ROAD be worth now?

2 BURGHLEY ROAD might now be worth an estimated £220,373.

This is based on house price inflation of 33.6%, between June 2019 and February 2025, for semi-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 33.6% inflationary increase is applied to the most recent sale price for 2 BURGHLEY ROAD of £165,000 on 21st June 2019. For the value to have increased from £165,000 to £220,373 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 2 BURGHLEY ROAD has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The June 2019 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BURGHLEY ROAD has not materially changed since June 2019.

How Large is 2 BURGHLEY ROAD?

2 BURGHLEY ROAD is 97m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of semi-detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Skegness, and where 2 BURGHLEY ROAD lies on this distribution: 53% of semi-detached houses houses are smaller than 2 BURGHLEY ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Skegness.

2 BURGHLEY ROAD: Plot and Title Map

2 BURGHLEY ROAD sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 2 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 2 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 2 BURGHLEY ROAD?

2 BURGHLEY ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 2 on BURGHLEY ROAD.