2, SAMUEL JOHN WAY, SKEGNESS, PE25 2JZ - £190,500

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 SAMUEL JOHN WAY is a large detached house of 113m², built sometime from 2007 onwards, which could now be worth an estimated £278,686. It was last sold for £190,500 in October 2016, which was around 3% below the average October 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

2 SAMUEL JOHN WAY Sold Prices

Land registry data shows three sales for 2 SAMUEL JOHN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the three 2 SAMUEL JOHN WAY sales was for below the average price, whilst two 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
2016 28 OCT	£190,500	£195,672	3% below HPI
2009 18 DEC	£191,000	£166,109	15% above HPI
2007 7 NOV	£193,450	£190,928	1% above HPI

2 SAMUEL JOHN WAY 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 three 2 SAMUEL JOHN WAY sales between November 2007 and October 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 December 2009 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 SAMUEL JOHN WAY be worth now?

2 SAMUEL JOHN WAY might now be worth an estimated £278,686.

This is based on house price inflation of 46.3%, between October 2016 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 46.3% inflationary increase is applied to the most recent sale price for 2 SAMUEL JOHN WAY of £190,500 on 28th October 2016. For the value to have increased from £190,500 to £278,686 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 SAMUEL JOHN WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2016 sale price of £190,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SAMUEL JOHN WAY has not materially changed since October 2016.

How Large is 2 SAMUEL JOHN WAY?

2 SAMUEL JOHN WAY is 113m² according to the EPC inspection conducted in March 2009. This puts it in the largest 40% 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 SAMUEL JOHN WAY lies on this distribution: 65% of detached houses houses are smaller than 2 SAMUEL JOHN WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Skegness.

2 SAMUEL JOHN WAY: Plot and Title Map

2 SAMUEL JOHN WAY sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 2 SAMUEL JOHN WAY, 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 SAMUEL JOHN WAY). 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 SAMUEL JOHN WAY?

2 SAMUEL JOHN WAY is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 2 on SAMUEL JOHN WAY.