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 SAMUEL JOHN WAY is a large detached house of 113m², built sometime from 2007 onwards. It was last sold for £190,500 in October 2016, which was around 1% 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.
Land registry data shows three sales for 2 SAMUEL JOHN WAY since 1st 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 | £192,862 | 1% below HPI |
2009 18 DEC | £191,000 | £163,724 | 17% above HPI |
2007 7 NOV | £193,450 | £188,186 | 3% above HPI |
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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
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 in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 2 SAMUEL JOHN WAY lies on this distribution: 65% of detached 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 sits on a plot of roughly 0.065 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.
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.