238, BURGH ROAD, SKEGNESS, PE25 2LQ - £195,000

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

238 BURGH ROAD is a large detached house of 130m², built sometime between 1900 and 1929. It was last sold for £195,000 in November 2017, which was around 6% below the average November 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was F, and the potential energy rating was C.

238 BURGH ROAD Sold Prices

Land registry data shows two sales for 238 BURGH ROAD 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 238 BURGH 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
2017 10 NOV	£195,000	£207,429	6% below HPI
2016 28 JAN	£135,000	£189,015	29% below HPI

238 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 two 238 BURGH ROAD sales from January 2016 and November 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 January 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 238 BURGH ROAD?

238 BURGH ROAD is 130m² according to the EPC inspection conducted in January 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 238 BURGH ROAD lies on this distribution: 76% of detached houses are smaller than 238 BURGH ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Skegness.

238 BURGH ROAD: Plot and Title Map

238 BURGH ROAD sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 238 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 238 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 238 BURGH ROAD?

238 BURGH ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 238 on BURGH ROAD.