25, RAMSAY CLOSE, SKEGNESS, PE25 3PF - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

25 RAMSAY CLOSE is a small detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £238,205. It was last sold for £175,000 in March 2018, which was around 17% below the average March 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was D.

25 RAMSAY CLOSE Sold Prices

Land registry data shows four sales for 25 RAMSAY CLOSE 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 25 RAMSAY CLOSE 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
2018 21 MAR	£175,000	£210,298	17% below HPI
2010 5 FEB	£140,000	£167,887	17% below HPI
2007 12 FEB	£145,000	£183,541	21% below HPI
1996 15 OCT	£51,000	£58,417	13% below HPI

25 RAMSAY CLOSE 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 25 RAMSAY CLOSE sales between October 1996 and March 2018 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 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2018 sale, which was also at 17% below the HPI.

What might 25 RAMSAY CLOSE be worth now?

25 RAMSAY CLOSE might now be worth an estimated £238,205.

This is based on house price inflation of 36.1%, between March 2018 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.1% inflationary increase is applied to the most recent sale price for 25 RAMSAY CLOSE of £175,000 on 21st March 2018. For the value to have increased from £175,000 to £238,205 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 25 RAMSAY CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 25 RAMSAY CLOSE has not materially changed since March 2018.

How Large is 25 RAMSAY CLOSE?

25 RAMSAY CLOSE is 84m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 40% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 25 RAMSAY CLOSE lies on this distribution: 38% of detached houses houses are smaller than 25 RAMSAY CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Skegness.

25 RAMSAY CLOSE: Plot and Title Map

25 RAMSAY CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 25 RAMSAY CLOSE, 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 RAMSAY CLOSE). 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 RAMSAY CLOSE?

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