22, RIDLEY AVENUE, SKEGNESS, PE25 3LD - £240,000

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 RIDLEY AVENUE is a very large extended detached house of 153m², built sometime between 1950 and 1966. It was last sold for £240,000 in August 2015, which was around 30% above the average August 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

22 RIDLEY AVENUE Sold Prices

Land registry data shows two sales for 22 RIDLEY AVENUE 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 RIDLEY AVENUE 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
2015 26 AUG	£240,000	£184,958	30% above HPI
2006 12 SEP	£200,000	£176,340	13% above HPI

22 RIDLEY AVENUE 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 RIDLEY AVENUE sales from September 2006 and August 2015 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 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2015 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 22 RIDLEY AVENUE?

22 RIDLEY AVENUE is 153m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 20% 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 RIDLEY AVENUE lies on this distribution: 87% of detached houses are smaller than 22 RIDLEY AVENUE, and 13% of houses are larger. Note that EPC data is not available for all properties in Skegness.

22 RIDLEY AVENUE: Plot and Title Map

22 RIDLEY AVENUE sits on a plot of roughly 0.193 of an acre, or 781m². The below map shows the location of 22 RIDLEY AVENUE, 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 RIDLEY AVENUE). 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 RIDLEY AVENUE?

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