20, BURGH OLD ROAD, SKEGNESS, PE25 2LN - £260,000

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.

20 BURGH OLD ROAD is a very large extended detached house of 160m², built sometime between 1950 and 1966, which could now be worth an estimated £338,552. It was last sold for £260,000 in May 2019, which was around 18% above the average May 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

20 BURGH OLD ROAD Sold Prices

Land registry data shows two sales for 20 BURGH OLD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 20 BURGH OLD ROAD sales 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
2019 3 MAY	£260,000	£219,835	18% above HPI
2016 10 NOV	£240,000	£200,696	20% above HPI

20 BURGH OLD ROAD 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 two 20 BURGH OLD ROAD sales from November 2016 and May 2019 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 November 2016 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2019 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 20 BURGH OLD ROAD be worth now?

20 BURGH OLD ROAD might now be worth an estimated £338,552.

This is based on house price inflation of 30.2%, between May 2019 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 30.2% inflationary increase is applied to the most recent sale price for 20 BURGH OLD ROAD of £260,000 on 3rd May 2019. For the value to have increased from £260,000 to £338,552 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 20 BURGH OLD ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2019 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 20 BURGH OLD ROAD has not materially changed since May 2019.

How Large is 20 BURGH OLD ROAD?

20 BURGH OLD ROAD is 160m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% 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 20 BURGH OLD ROAD lies on this distribution: 89% of detached houses houses are smaller than 20 BURGH OLD ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Skegness.

20 BURGH OLD ROAD: Plot and Title Map

20 BURGH OLD ROAD sits on a plot of roughly 0.183 of an acre, or 742m². The below map shows the location of 20 BURGH OLD ROAD, 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 20 BURGH OLD ROAD). 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 20 BURGH OLD ROAD?

20 BURGH OLD ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 20 on BURGH OLD ROAD.