28, GRACE CRESCENT, ANDERBY CREEK, SKEGNESS, PE24 5XR - £225,000

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.

28 GRACE CRESCENT is a large extended detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £228,257. It was last sold for £225,000 in September 2022, which was around 20% below the average September 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2011, where the current energy rating was F, and the potential energy rating was E.

28 GRACE CRESCENT Sold Prices

Land registry data shows five sales for 28 GRACE CRESCENT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 28 GRACE 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
2022 15 SEP	£225,000	£282,167	20% below HPI
2016 21 NOV	£125,000	£200,696	38% below HPI
2012 20 FEB	£77,000	£160,677	52% below HPI
2003 21 MAR	£54,500	£123,071	56% below HPI
2000 23 JUN	£36,000	£75,756	52% below HPI

28 GRACE 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 five 28 GRACE CRESCENT sales between June 2000 and September 2022 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 November 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 28 GRACE CRESCENT be worth now?

28 GRACE CRESCENT might now be worth an estimated £228,257.

This is based on house price inflation of 1.4%, between September 2022 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 1.4% inflationary increase is applied to the most recent sale price for 28 GRACE CRESCENT of £225,000 on 15th September 2022. For the value to have increased from £225,000 to £228,257 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 28 GRACE CRESCENT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2022 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 28 GRACE CRESCENT has not materially changed since September 2022.

How Large is 28 GRACE CRESCENT?

28 GRACE CRESCENT is 64m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the largest 40% of detached houses houses in Anderby Creek, based on EPC data. The below chart shows the distribution of detached houses houses by size in Anderby Creek, and where 28 GRACE CRESCENT lies on this distribution: 65% of detached houses houses are smaller than 28 GRACE CRESCENT, and 35% of houses are larger. Note that EPC data is not available for all properties in Anderby Creek.

28 GRACE CRESCENT: Plot and Title Map

28 GRACE CRESCENT sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 28 GRACE 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 28 GRACE 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 28 GRACE CRESCENT?

28 GRACE CRESCENT is located in ANDERBY CREEK, in the PE24 postcode district. The below map shows the position of No. 28 on GRACE CRESCENT.