27, LUMLEY CRESCENT, SKEGNESS, PE25 2TL - £220,000

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

27 LUMLEY CRESCENT is a midsized extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £220,000 in February 2023, which was around 22% below the average February 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

27 LUMLEY CRESCENT Sold Prices

Land registry data shows three sales for 27 LUMLEY CRESCENT 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 27 LUMLEY CRESCENT 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
2023 13 FEB	£220,000	£283,795	22% below HPI
2001 16 JUL	£79,000	£80,837	2% below HPI
2000 16 JUN	£73,000	£74,668	2% below HPI

27 LUMLEY 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 three 27 LUMLEY CRESCENT sales between June 2000 and February 2023 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 July 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 27 LUMLEY CRESCENT?

27 LUMLEY CRESCENT is 89m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 27 LUMLEY CRESCENT lies on this distribution: 45% of detached houses are smaller than 27 LUMLEY CRESCENT, and 54% of houses are larger. Note that EPC data is not available for all properties in Skegness.

27 LUMLEY CRESCENT: Plot and Title Map

27 LUMLEY CRESCENT sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 27 LUMLEY 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 27 LUMLEY 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 27 LUMLEY CRESCENT?

27 LUMLEY CRESCENT is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 27 on LUMLEY CRESCENT.