230, LINCOLN ROAD, SKEGNESS, PE25 2PB - £165,000

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

230 LINCOLN ROAD is a small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £165,000 in June 2021, which was around 31% below the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

230 LINCOLN ROAD Sold Prices

Land registry data shows three sales for 230 LINCOLN 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 230 LINCOLN ROAD 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
2021 24 JUN	£165,000	£238,466	31% below HPI
2000 7 JUL	£60,000	£75,156	20% below HPI
1997 21 MAR	£47,000	£55,546	15% below HPI

230 LINCOLN 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 230 LINCOLN ROAD sales between March 1997 and June 2021 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 July 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 230 LINCOLN ROAD?

230 LINCOLN ROAD is 77m² according to the EPC inspection conducted in July 2020. 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 230 LINCOLN ROAD lies on this distribution: 29% of detached houses are smaller than 230 LINCOLN ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Skegness.

230 LINCOLN ROAD: Plot and Title Map

230 LINCOLN ROAD sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 230 LINCOLN 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 230 LINCOLN 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 230 LINCOLN ROAD?

230 LINCOLN ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 230 on LINCOLN ROAD.