2, QUEENS DRIVE, SKEGNESS, PE25 1RE - £145,000

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 QUEENS DRIVE is a large extended detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £242,663. It was last sold for £145,000 in August 2011, which was around 15% below the average August 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

2 QUEENS DRIVE Sold Prices

Land registry data shows four sales for 2 QUEENS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four 2 QUEENS DRIVE 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
2011 1 AUG	£145,000	£171,046	15% below HPI
2006 17 MAR	£175,000	£170,812	2% above HPI
2004 21 SEP	£148,000	£165,938	11% below HPI
2002 19 DEC	£99,000	£119,174	17% below HPI

2 QUEENS DRIVE 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 four 2 QUEENS DRIVE sales between December 2002 and August 2011 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 March 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 QUEENS DRIVE be worth now?

2 QUEENS DRIVE might now be worth an estimated £242,663.

This is based on house price inflation of 67.4%, between August 2011 and February 2025, 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 67.4% inflationary increase is applied to the most recent sale price for 2 QUEENS DRIVE of £145,000 on 1st August 2011. For the value to have increased from £145,000 to £242,663 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 QUEENS DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2011 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 2 QUEENS DRIVE has not materially changed since August 2011.

How Large is 2 QUEENS DRIVE?

2 QUEENS DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 30% 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 QUEENS DRIVE lies on this distribution: 74% of detached houses houses are smaller than 2 QUEENS DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Skegness.

2 QUEENS DRIVE: Plot and Title Map

2 QUEENS DRIVE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 2 QUEENS 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 QUEENS 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.

Where is 2 QUEENS DRIVE?

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