28, BURGH OLD ROAD, SKEGNESS, PE25 2LN - £200,000

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

28 BURGH OLD ROAD is a midsized extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £200,000 in September 2018, which was around 10% below the average September 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2022, where the current energy rating was B, and the potential energy rating was B.

28 BURGH OLD ROAD Sold Prices

Land registry data shows four sales for 28 BURGH OLD ROAD 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. Most of the four 28 BURGH OLD ROAD 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 11 SEP	£200,000	£222,708	10% below HPI
2016 4 JUL	£175,000	£189,070	7% below HPI
2006 28 FEB	£170,000	£167,207	2% above HPI
1998 18 DEC	£46,000	£66,497	31% below HPI

28 BURGH OLD 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 four 28 BURGH OLD ROAD sales between December 1998 and September 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 July 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 28 BURGH OLD ROAD?

28 BURGH OLD ROAD is 92m², which includes one extension, according to the EPC inspection conducted in September 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 28 BURGH OLD ROAD lies on this distribution: 47% of detached houses are smaller than 28 BURGH OLD ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Skegness.

28 BURGH OLD ROAD: Plot and Title Map

28 BURGH OLD ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 28 BURGH OLD 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 28 BURGH OLD 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 28 BURGH OLD ROAD?

28 BURGH OLD ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 28 on BURGH OLD ROAD.