25, FAGANS WAY, SKEGNESS, PE25 3NE - £112,414

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

25 FAGANS WAY is a large extended detached house of 113m², built sometime between 1991 and 1995. It was last sold for £112,414 in August 2008, which was around 36% below the average August 2008 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

25 FAGANS WAY Sold Prices

Land registry data shows three sales for 25 FAGANS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 25 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
2008 22 AUG	£112,414	£174,662	36% below HPI
1998 22 MAY	£58,500	£60,945	4% below HPI
1995 25 AUG	£50,950	£54,665	7% below HPI

25 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 three 25 FAGANS WAY sales between August 1995 and August 2008 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 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2008 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 25 FAGANS WAY?

25 FAGANS WAY is 113m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 40% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 25 FAGANS WAY lies on this distribution: 65% of detached houses are smaller than 25 FAGANS WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Skegness.

25 FAGANS WAY: Plot and Title Map

25 FAGANS WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 25 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 25 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 25 FAGANS WAY?

25 FAGANS WAY is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 25 on FAGANS WAY.