22, PRECINCT CRESCENT, SKEGNESS, PE25 3AL - £365,000

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

22 PRECINCT CRESCENT is a large extended detached house of 121m², built sometime between 1991 and 1995. It was last sold for £365,000 in October 2022, which was around 30% above the average October 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

22 PRECINCT CRESCENT Sold Prices

Land registry data shows four sales for 22 PRECINCT 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 22 PRECINCT CRESCENT 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
2022 6 OCT	£365,000	£279,885	30% above HPI
2017 5 SEP	£275,000	£210,398	31% above HPI
2003 2 MAY	£163,000	£127,898	27% above HPI
1999 22 MAR	£85,000	£65,202	30% above HPI

22 PRECINCT 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 22 PRECINCT CRESCENT sales between March 1999 and October 2022 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 September 2017 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2022 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 22 PRECINCT CRESCENT?

22 PRECINCT CRESCENT is 121m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the largest 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 PRECINCT CRESCENT lies on this distribution: 70% of detached houses are smaller than 22 PRECINCT CRESCENT, and 29% of houses are larger. Note that EPC data is not available for all properties in Skegness.

22 PRECINCT CRESCENT: Plot and Title Map

22 PRECINCT CRESCENT sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 22 PRECINCT 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 22 PRECINCT 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 22 PRECINCT CRESCENT?

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