3, MARIAN WAY, SKEGNESS, PE25 3QW - £112,000

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

3 MARIAN WAY is a midsized extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £112,000 in September 2013, which was around 33% below the average September 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

3 MARIAN WAY Sold Prices

Land registry data shows two sales for 3 MARIAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the two 3 MARIAN WAY sales was for below the average price, whilst the other 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
2013 20 SEP	£112,000	£167,068	33% below HPI
1995 29 JUN	£55,000	£54,261	1% above HPI

3 MARIAN WAY 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 two 3 MARIAN WAY sales from June 1995 and September 2013 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 June 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2013 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 MARIAN WAY?

3 MARIAN WAY is 97m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 3 MARIAN WAY lies on this distribution: 54% of detached houses are smaller than 3 MARIAN WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Skegness.

3 MARIAN WAY: Plot and Title Map

3 MARIAN WAY sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 3 MARIAN WAY, 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 MARIAN WAY). 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 MARIAN WAY?

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