2, SKIPWORTH WAY, SKEGNESS, PE25 1RS - £190,000

2 SKIPWORTH WAY is a small extended detached house of 82m², built sometime between 1983 and 1990. It was last sold for £190,000 in May 2020, which was around 13% below the average May 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

2 SKIPWORTH WAY Sold Prices

Land registry data shows three sales for 2 SKIPWORTH 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. All of the three 2 SKIPWORTH WAY 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
2020 20 MAY	£190,000	£218,298	13% below HPI
2013 3 MAY	£138,500	£170,620	19% below HPI
1995 15 SEP	£39,000	£54,798	29% below HPI

2 SKIPWORTH 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 SKIPWORTH WAY sales between September 1995 and May 2020 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 May 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 SKIPWORTH WAY?

2 SKIPWORTH WAY is 82m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 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 SKIPWORTH WAY lies on this distribution: 35% of detached houses are smaller than 2 SKIPWORTH WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Skegness.

2 SKIPWORTH WAY: Plot and Title Map

2 SKIPWORTH WAY sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 2 SKIPWORTH 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 SKIPWORTH 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 SKIPWORTH WAY?

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