3, NORTH FORELAND DRIVE, SKEGNESS, PE25 1QT - £220,000

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 NORTH FORELAND DRIVE is a small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £220,000 in December 2022, which was around 23% below the average December 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

3 NORTH FORELAND DRIVE Sold Prices

Land registry data shows three sales for 3 NORTH FORELAND DRIVE 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 NORTH FORELAND DRIVE 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
2022 13 DEC	£220,000	£284,149	23% below HPI
2013 17 DEC	£125,000	£165,366	24% below HPI
2005 15 DEC	£125,000	£170,868	27% below HPI

3 NORTH FORELAND DRIVE 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 NORTH FORELAND DRIVE sales between December 2005 and December 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 December 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 NORTH FORELAND DRIVE?

3 NORTH FORELAND DRIVE is 74m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% 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 NORTH FORELAND DRIVE lies on this distribution: 24% of detached houses are smaller than 3 NORTH FORELAND DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Skegness.

3 NORTH FORELAND DRIVE: Plot and Title Map

3 NORTH FORELAND DRIVE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 3 NORTH FORELAND DRIVE, 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 NORTH FORELAND DRIVE). 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 NORTH FORELAND DRIVE?

3 NORTH FORELAND DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 3 on NORTH FORELAND DRIVE.