3, RAMSAY CLOSE, SKEGNESS, PE25 3PF - £150,000

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 RAMSAY CLOSE is a small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £150,000 in July 2020, which was around 31% below the average July 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

3 RAMSAY CLOSE Sold Prices

Land registry data shows three sales for 3 RAMSAY 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 RAMSAY CLOSE 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
2020 31 JUL	£150,000	£216,924	31% below HPI
2004 30 JUL	£136,500	£160,925	15% below HPI
1996 29 MAR	£43,000	£52,002	17% below HPI

3 RAMSAY 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 RAMSAY CLOSE sales between March 1996 and July 2020 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 July 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 3 RAMSAY CLOSE?

3 RAMSAY CLOSE is 82m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% 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 RAMSAY CLOSE lies on this distribution: 36% of detached houses are smaller than 3 RAMSAY CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Skegness.

3 RAMSAY CLOSE: Plot and Title Map

3 RAMSAY CLOSE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 3 RAMSAY 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 RAMSAY 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 RAMSAY CLOSE?

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