28, LUMLEY CRESCENT, SKEGNESS, PE25 2TL - £125,000

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 LUMLEY CRESCENT is a large detached house of 118m², built sometime between 1950 and 1966. It was last sold for £125,000 in March 2014, which was around 26% below the average March 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

28 LUMLEY CRESCENT Sold Prices

Land registry data shows three sales for 28 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. Two of the three 28 LUMLEY CRESCENT sales were for below the average price, whilst one was 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
2014 7 MAR	£125,000	£169,075	26% below HPI
2003 5 NOV	£145,000	£139,417	4% above HPI
1999 28 JAN	£51,000	£67,519	24% below HPI

28 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 28 LUMLEY CRESCENT sales between January 1999 and March 2014 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 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2014 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 28 LUMLEY CRESCENT?

28 LUMLEY CRESCENT is 118m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% 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 LUMLEY CRESCENT lies on this distribution: 68% of detached houses are smaller than 28 LUMLEY CRESCENT, and 31% of houses are larger. Note that EPC data is not available for all properties in Skegness.

28 LUMLEY CRESCENT: Plot and Title Map

28 LUMLEY CRESCENT sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 28 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 28 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 28 LUMLEY CRESCENT?

28 LUMLEY CRESCENT is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 28 on LUMLEY CRESCENT.