3, LUMLEY CRESCENT, SKEGNESS, PE25 2TL - £207,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 LUMLEY CRESCENT is a very large extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £207,000 in September 2015, which was around 9% above the average September 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

3 LUMLEY CRESCENT Sold Prices

Land registry data shows three sales for 3 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. One of the three 3 LUMLEY CRESCENT sales was for above the average price, whilst two 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
2015 25 SEP	£207,000	£189,973	9% above HPI
2007 28 NOV	£185,000	£190,928	3% below HPI
2006 25 SEP	£175,750	£178,910	2% below HPI

3 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 3 LUMLEY CRESCENT sales between September 2006 and September 2015 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 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2015 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 3 LUMLEY CRESCENT be worth now?

3 LUMLEY CRESCENT might now be worth an estimated £310,426.

This is based on house price inflation of 50%, between September 2015 and December 2024, 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 50% inflationary increase is applied to the most recent sale price for 3 LUMLEY CRESCENT of £207,000 on 25th September 2015. For the value to have increased from £207,000 to £310,426 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 3 LUMLEY CRESCENT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2015 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LUMLEY CRESCENT has not materially changed since September 2015.

How Large is 3 LUMLEY CRESCENT?

3 LUMLEY CRESCENT is 139m², which includes two extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 20% 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 LUMLEY CRESCENT lies on this distribution: 81% of detached houses houses are smaller than 3 LUMLEY CRESCENT, and 19% of houses are larger. Note that EPC data is not available for all properties in Skegness.

3 LUMLEY CRESCENT: Plot and Title Map

3 LUMLEY CRESCENT sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 3 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 3 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 3 LUMLEY CRESCENT?

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