2, KATHERINE CRESCENT, SKEGNESS, PE25 3LF - £195,000

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

2 KATHERINE CRESCENT is a midsized detached house of 97m², built sometime between 1950 and 1966. It was last sold for £195,000 in May 2024, which was around 30% below the average May 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

2 KATHERINE CRESCENT Sold Prices

Land registry data shows two sales for 2 KATHERINE CRESCENT 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 KATHERINE CRESCENT 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 8 MAY	£195,000	£277,820	30% below HPI
2000 14 JUN	£67,500	£75,756	11% below HPI

2 KATHERINE CRESCENT 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 KATHERINE CRESCENT sales from June 2000 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 June 2000 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 KATHERINE CRESCENT be worth now?

2 KATHERINE CRESCENT might now be worth an estimated £199,964.

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 2 KATHERINE CRESCENT of £195,000 on 8th May 2024. For the value to have increased from £195,000 to £199,964 over the five months to December 2024, the following assumptions must hold true:

• The value of 2 KATHERINE CRESCENT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2024 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 KATHERINE CRESCENT has not materially changed since May 2024.

How Large is 2 KATHERINE CRESCENT?

2 KATHERINE CRESCENT is 97m² according to the EPC inspection conducted in October 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 2 KATHERINE CRESCENT lies on this distribution: 53% of detached houses houses are smaller than 2 KATHERINE CRESCENT, and 47% of houses are larger. Note that EPC data is not available for all properties in Skegness.

2 KATHERINE CRESCENT: Plot and Title Map

2 KATHERINE CRESCENT sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 2 KATHERINE CRESCENT, 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 KATHERINE CRESCENT). 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 KATHERINE CRESCENT?

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