294, DRUMMOND ROAD, SKEGNESS, PE25 3AT - £385,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

294 DRUMMOND ROAD is a very large extended detached house of 178m², built sometime between 1950 and 1966. It was last sold for £385,000 in April 2019, which was around 75% above the average April 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

294 DRUMMOND ROAD Sold Prices

Land registry data shows three sales for 294 DRUMMOND ROAD 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 294 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 10 APR	£385,000	£220,042	75% above HPI
2005 10 FEB	£340,000	£164,556	107% above HPI
1999 28 JAN	£72,000	£67,519	7% above HPI

294 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 three 294 DRUMMOND ROAD sales between January 1999 and April 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 February 2005 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the April 2019 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 294 DRUMMOND ROAD?

294 DRUMMOND ROAD is 178m², which includes two extensions, according to the EPC inspection conducted in August 2013. 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 294 DRUMMOND ROAD lies on this distribution: 93% of detached houses are smaller than 294 DRUMMOND ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Skegness.

294 DRUMMOND ROAD: Plot and Title Map

294 DRUMMOND ROAD sits on a plot of roughly 0.192 of an acre, or 775m². The below map shows the location of 294 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 294 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 294 DRUMMOND ROAD?

294 DRUMMOND ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 294 on DRUMMOND ROAD.