24, PRECINCT CRESCENT, SKEGNESS, PE25 3AL - £355,000

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

24 PRECINCT CRESCENT is a very large extended detached house of 166m², built sometime between 1983 and 1990. It was last sold for £355,000 in October 2020, which was around 59% above the average October 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

24 PRECINCT CRESCENT Sold Prices

Land registry data shows two sales for 24 PRECINCT CRESCENT 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 PRECINCT CRESCENT sales were for above 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
2020 16 OCT	£355,000	£223,136	59% above HPI
2002 12 FEB	£145,000	£93,882	54% above HPI

24 PRECINCT CRESCENT 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 PRECINCT CRESCENT sales from February 2002 and October 2020 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 2002 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the October 2020 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 24 PRECINCT CRESCENT?

24 PRECINCT CRESCENT is 166m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 10% 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 PRECINCT CRESCENT lies on this distribution: 91% of detached houses are smaller than 24 PRECINCT CRESCENT, and 9% of houses are larger. Note that EPC data is not available for all properties in Skegness.

24 PRECINCT CRESCENT: Plot and Title Map

24 PRECINCT CRESCENT sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 24 PRECINCT CRESCENT, 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 PRECINCT CRESCENT). 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 PRECINCT CRESCENT?

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