222, BURGH ROAD, SKEGNESS, PE25 2LQ - £300,000

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

222 BURGH ROAD is a large extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £300,000 in March 2023, which was around 6% above the average March 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

222 BURGH ROAD Sold Prices

Land registry data shows three sales for 222 BURGH ROAD 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. All of the three 222 BURGH 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
2023 31 MAR	£300,000	£282,466	6% above HPI
2022 18 JAN	£286,000	£266,197	7% above HPI
2006 20 MAR	£195,000	£168,359	16% above HPI

222 BURGH 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 three 222 BURGH ROAD sales between March 2006 and March 2023 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 January 2022 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 222 BURGH ROAD?

222 BURGH ROAD is 119m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 222 BURGH ROAD lies on this distribution: 69% of detached houses are smaller than 222 BURGH ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Skegness.

222 BURGH ROAD: Plot and Title Map

222 BURGH ROAD sits on a plot of roughly 0.468 of an acre, or 1,893m². The below map shows the location of 222 BURGH 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 222 BURGH 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 222 BURGH ROAD?

222 BURGH ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 222 on BURGH ROAD.