22, FAGANS WAY, SKEGNESS, PE25 3NE - £148,500

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

22 FAGANS WAY is a small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £148,500 in June 2017, which was around 27% below the average June 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

22 FAGANS WAY Sold Prices

Land registry data shows two sales for 22 FAGANS WAY 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 22 FAGANS 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
2017 23 JUN	£148,500	£202,435	27% below HPI
1996 26 APR	£46,500	£53,878	14% below HPI

22 FAGANS 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 two 22 FAGANS WAY sales from April 1996 and June 2017 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 April 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2017 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 22 FAGANS WAY?

22 FAGANS WAY is 71m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 30% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 22 FAGANS WAY lies on this distribution: 21% of detached houses are smaller than 22 FAGANS WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Skegness.

22 FAGANS WAY: Plot and Title Map

22 FAGANS WAY sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 22 FAGANS 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 22 FAGANS 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 22 FAGANS WAY?

22 FAGANS WAY is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 22 on FAGANS WAY.