24, ALBERT AVENUE, SKEGNESS, PE25 3DQ - £85,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 ALBERT AVENUE is a large extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £85,000 in June 2001, which was around 3% above the average June 2001 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

24 ALBERT AVENUE Sold Prices

Land registry data shows two sales for 24 ALBERT 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. One of the two 24 ALBERT AVENUE sales was for above the average price, whilst the other was 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
2001 14 JUN	£85,000	£82,504	3% above HPI
1996 24 MAY	£42,000	£55,273	24% below HPI

24 ALBERT 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 24 ALBERT AVENUE sales from May 1996 and June 2001 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 May 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2001 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 24 ALBERT AVENUE?

24 ALBERT AVENUE is 125m², which includes three extensions, according to the EPC inspection conducted in May 2015. 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 24 ALBERT AVENUE lies on this distribution: 73% of detached houses are smaller than 24 ALBERT AVENUE, and 26% of houses are larger. Note that EPC data is not available for all properties in Skegness.

24 ALBERT AVENUE: Plot and Title Map

24 ALBERT AVENUE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 24 ALBERT 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 24 ALBERT 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 24 ALBERT AVENUE?

24 ALBERT AVENUE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 24 on ALBERT AVENUE.