2, SWABY CRESCENT, SKEGNESS, PE25 2HG - £135,000

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 SWABY CRESCENT is a midsized detached house of 87m², built sometime between 1967 and 1975. It was last sold for £135,000 in July 2011, which was around 20% below the average July 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

2 SWABY CRESCENT Sold Prices

Land registry data shows four sales for 2 SWABY CRESCENT 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. All of the four 2 SWABY CRESCENT 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 21 JUL	£135,000	£168,467	20% below HPI
2006 1 AUG	£145,000	£176,973	18% below HPI
2000 13 JAN	£60,000	£72,598	17% below HPI
1996 26 APR	£44,000	£53,878	18% below HPI

2 SWABY CRESCENT 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 SWABY CRESCENT sales between April 1996 and July 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 August 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2011 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 SWABY CRESCENT?

2 SWABY CRESCENT is 87m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% 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 SWABY CRESCENT lies on this distribution: 43% of detached houses are smaller than 2 SWABY CRESCENT, and 57% of houses are larger. Note that EPC data is not available for all properties in Skegness.

2 SWABY CRESCENT: Plot and Title Map

2 SWABY CRESCENT sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 2 SWABY CRESCENT, 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 SWABY CRESCENT). 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 SWABY CRESCENT?

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