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 NORTH FORELAND DRIVE is a large extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £320,000 in March 2022, which was around 21% above the average March 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 NORTH FORELAND DRIVE since 1st 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. One of the two 2 NORTH FORELAND DRIVE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2022 15 MAR | £320,000 | £263,829 | 21% above HPI |
2013 29 JAN | £135,000 | £155,908 | 13% below HPI |
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 NORTH FORELAND DRIVE sales from January 2013 and March 2022 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 January 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.
2 NORTH FORELAND DRIVE is 122m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 30% 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 NORTH FORELAND DRIVE lies on this distribution: 71% of detached houses are smaller than 2 NORTH FORELAND DRIVE, and 28% of houses are larger. Note that EPC data is not available for all properties in Skegness.
2 NORTH FORELAND DRIVE sits on a plot of roughly 0.232 of an acre, or 939m². The below map shows the location of 2 NORTH FORELAND DRIVE, 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 NORTH FORELAND DRIVE). 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.
2 NORTH FORELAND DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 2 on NORTH FORELAND DRIVE.