2, DORMY AVENUE, SKEGNESS, PE25 1RG - £168,000

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 DORMY AVENUE is a very large extended detached house of 147m², built sometime between 1950 and 1966. It was last sold for £168,000 in November 2016, which was around 15% below the average November 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

2 DORMY AVENUE Sold Prices

Land registry data shows two sales for 2 DORMY AVENUE 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 DORMY AVENUE 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 7 NOV	£168,000	£197,814	15% below HPI
2003 16 MAY	£125,000	£127,898	2% below HPI

2 DORMY AVENUE 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 DORMY AVENUE sales from May 2003 and November 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 May 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 DORMY AVENUE?

2 DORMY AVENUE is 147m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 20% 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 DORMY AVENUE lies on this distribution: 85% of detached houses are smaller than 2 DORMY AVENUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Skegness.

2 DORMY AVENUE: Plot and Title Map

2 DORMY AVENUE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 2 DORMY AVENUE, 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 DORMY AVENUE). 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 DORMY AVENUE?

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