3, DANIAL CLOSE, SKEGNESS, PE25 1RQ - £295,000

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.

3 DANIAL CLOSE is a large extended detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £300,462. It was last sold for £295,000 in August 2022, which was around 5% above the average August 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

3 DANIAL CLOSE Sold Prices

Land registry data shows three sales for 3 DANIAL CLOSE 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 3 DANIAL CLOSE 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
2022 1 AUG	£295,000	£279,704	5% above HPI
2015 14 JAN	£190,000	£176,692	8% above HPI
1997 31 JUL	£73,950	£61,347	21% above HPI

3 DANIAL CLOSE 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 3 DANIAL CLOSE sales between July 1997 and August 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 January 2015 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 3 DANIAL CLOSE be worth now?

3 DANIAL CLOSE might now be worth an estimated £300,462.

This is based on house price inflation of 1.9%, between August 2022 and March 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 1.9% inflationary increase is applied to the most recent sale price for 3 DANIAL CLOSE of £295,000 on 1st August 2022. For the value to have increased from £295,000 to £300,462 over the three years and five months to March 2025, the following assumptions must hold true:

• The value of 3 DANIAL CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2022 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DANIAL CLOSE has not materially changed since August 2022.

How Large is 3 DANIAL CLOSE?

3 DANIAL CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 30% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 3 DANIAL CLOSE lies on this distribution: 73% of detached houses houses are smaller than 3 DANIAL CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Skegness.

3 DANIAL CLOSE: Plot and Title Map

3 DANIAL CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 3 DANIAL CLOSE, 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 3 DANIAL CLOSE). 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 3 DANIAL CLOSE?

3 DANIAL CLOSE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 3 on DANIAL CLOSE.