2A, LAWN CRESCENT, SKEGNESS, PE25 3QE - £127,000

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

2A LAWN CRESCENT is a very small extended detached house of 53m², built sometime between 1991 and 1995. It was last sold for £127,000 in September 2019, which was around 43% below the average September 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

2A LAWN CRESCENT Sold Prices

Land registry data shows three sales for 2A LAWN 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. All of the three 2A LAWN 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
2019 4 SEP	£127,000	£221,456	43% below HPI
2010 27 SEP	£115,000	£168,183	32% below HPI
2007 11 JUN	£75,000	£187,546	60% below HPI

2A LAWN 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 2A LAWN CRESCENT sales between June 2007 and September 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 September 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2A LAWN CRESCENT?

2A LAWN CRESCENT is 53m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 2A LAWN CRESCENT lies on this distribution: 2% of detached houses are smaller than 2A LAWN CRESCENT, and 98% of houses are larger. Note that EPC data is not available for all properties in Skegness.

2A LAWN CRESCENT: Plot and Title Map

2A LAWN CRESCENT sits on a plot of roughly 0.059 of an acre, or 241m². The below map shows the location of 2A LAWN 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 2A LAWN 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 2A LAWN CRESCENT?

2A LAWN CRESCENT is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 2A on LAWN CRESCENT.