24, DERBY AVENUE, SKEGNESS, PE25 3DH - £142,000

24 DERBY AVENUE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £142,000 in September 2019, which was around 36% below the average September 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

24 DERBY AVENUE Sold Prices

Land registry data shows four sales for 24 DERBY AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 24 DERBY AVENUE 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
2019 6 SEP	£142,000	£221,456	36% below HPI
2008 12 FEB	£124,995	£178,420	30% below HPI
2003 10 OCT	£89,950	£137,863	35% below HPI
1996 24 MAY	£36,000	£55,273	35% below HPI

24 DERBY 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 four 24 DERBY AVENUE sales between May 1996 and September 2019 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 February 2008 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 24 DERBY AVENUE?

24 DERBY AVENUE is 69m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 24 DERBY AVENUE lies on this distribution: 18% of detached houses are smaller than 24 DERBY AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Skegness.

24 DERBY AVENUE: Plot and Title Map

24 DERBY AVENUE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 24 DERBY 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 DERBY 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 DERBY AVENUE?

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