2, VERONICA CLOSE, SKEGNESS, PE25 1HY - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 VERONICA CLOSE is a very large extended detached house of 183m², built sometime between 2003 and 2006. It was last sold for £315,000 in June 2021, which was around 32% above the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

2 VERONICA CLOSE Sold Prices

Land registry data shows three sales for 2 VERONICA CLOSE 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. Two of the three 2 VERONICA CLOSE sales were for above the average price, whilst one was 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
2021 25 JUN	£315,000	£238,466	32% above HPI
2009 6 MAR	£225,000	£162,310	39% above HPI
2003 20 AUG	£30,000	£135,527	78% below HPI

2 VERONICA CLOSE 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 VERONICA CLOSE sales between August 2003 and June 2021 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 2009 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 2 VERONICA CLOSE?

2 VERONICA CLOSE is 183m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 10% 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 VERONICA CLOSE lies on this distribution: 94% of detached houses are smaller than 2 VERONICA CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Skegness.

2 VERONICA CLOSE: Plot and Title Map

2 VERONICA CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 2 VERONICA CLOSE, 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 VERONICA CLOSE). 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 VERONICA CLOSE?

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