3, THE COURT, ANDERBY CREEK, SKEGNESS, PE24 5YQ - £122,000

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 THE COURT is a very small detached house of 41m², built sometime between 1983 and 1990, which could now be worth an estimated £129,620. It was last sold for £122,000 in April 2022, which was around 55% below the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2018, where the current energy rating was F, and the potential energy rating was B.

3 THE COURT Sold Prices

Land registry data shows three sales for 3 THE COURT 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 THE COURT 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 1 APR	£122,000	£268,144	55% below HPI
2019 26 SEP	£100,000	£224,683	55% below HPI
2000 21 MAY	£33,000	£73,116	55% below HPI

3 THE COURT 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 THE COURT sales between May 2000 and April 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 September 2019 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the April 2022 sale, which was also at 55% below the HPI.

What might 3 THE COURT be worth now?

3 THE COURT might now be worth an estimated £129,620.

This is based on house price inflation of 6.2%, between April 2022 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 6.2% inflationary increase is applied to the most recent sale price for 3 THE COURT of £122,000 on 1st April 2022. For the value to have increased from £122,000 to £129,620 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 3 THE COURT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2022 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE COURT has not materially changed since April 2022.

How Large is 3 THE COURT?

3 THE COURT is 41m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses houses in Anderby Creek, based on EPC data. The below chart shows the distribution of detached houses houses by size in Anderby Creek, and where 3 THE COURT lies on this distribution: 15% of detached houses houses are smaller than 3 THE COURT, and 82% of houses are larger. Note that EPC data is not available for all properties in Anderby Creek.

3 THE COURT: Plot and Title Map

3 THE COURT sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 3 THE COURT, 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 THE COURT). 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 THE COURT?

3 THE COURT is located in ANDERBY CREEK, in the PE24 postcode district. The below map shows the position of No. 3 on THE COURT.