274, DRUMMOND ROAD, SKEGNESS, PE25 3AT - £310,000

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

274 DRUMMOND ROAD is a very large extended detached house of 232m², built sometime between 1950 and 1966. It was last sold for £310,000 in November 2019, which was around 37% above the average November 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

274 DRUMMOND ROAD Sold Prices

Land registry data shows two sales for 274 DRUMMOND ROAD 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 274 DRUMMOND ROAD 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
2019 15 NOV	£310,000	£225,476	37% above HPI
1998 27 MAR	£125,000	£61,233	104% above HPI

274 DRUMMOND ROAD 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 274 DRUMMOND ROAD sales from March 1998 and November 2019 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 March 1998 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the November 2019 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 274 DRUMMOND ROAD?

274 DRUMMOND ROAD is 232m², which includes one extension, according to the EPC inspection conducted in October 2018. 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 274 DRUMMOND ROAD lies on this distribution: 97% of detached houses are smaller than 274 DRUMMOND ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Skegness.

274 DRUMMOND ROAD: Plot and Title Map

274 DRUMMOND ROAD sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 274 DRUMMOND ROAD, 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 274 DRUMMOND ROAD). 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 274 DRUMMOND ROAD?

274 DRUMMOND ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 274 on DRUMMOND ROAD.