24, FAGANS WAY, SKEGNESS, PE25 3NE - £135,000

24 FAGANS WAY is a small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £135,000 in January 2011, which was around 17% below the average January 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

24 FAGANS WAY Sold Prices

Land registry data shows two sales for 24 FAGANS WAY 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 24 FAGANS WAY 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
2011 17 JAN	£135,000	£162,116	17% below HPI
1995 12 MAY	£49,250	£54,972	10% below HPI

24 FAGANS WAY 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 FAGANS WAY sales from May 1995 and January 2011 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 1995 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2011 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 24 FAGANS WAY?

24 FAGANS WAY is 74m² according to the EPC inspection conducted in June 2010. 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 24 FAGANS WAY lies on this distribution: 25% of detached houses are smaller than 24 FAGANS WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Skegness.

24 FAGANS WAY: Plot and Title Map

24 FAGANS WAY sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 24 FAGANS WAY, 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 FAGANS WAY). 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 FAGANS WAY?

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