31, GRACE CRESCENT, ANDERBY CREEK, SKEGNESS, PE24 5XR - £81,000

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

31 GRACE CRESCENT is a small detached house of 51m², built sometime between 1950 and 1966, which could now be worth an estimated £146,582. It was last sold for £81,000 in January 2013, which was around 49% below the average January 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2010, where the current energy rating was G, and the potential energy rating was G.

31 GRACE CRESCENT Sold Prices

Land registry data shows two sales for 31 GRACE CRESCENT 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. Both of the two 31 GRACE CRESCENT 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
2013 15 JAN	£81,000	£158,180	49% below HPI
2003 17 JUL	£66,950	£137,997	51% below HPI

31 GRACE 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 two 31 GRACE CRESCENT sales from July 2003 and January 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 July 2003 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the January 2013 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 31 GRACE CRESCENT be worth now?

31 GRACE CRESCENT might now be worth an estimated £146,582.

This is based on house price inflation of 81%, between January 2013 and February 2025, 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 81% inflationary increase is applied to the most recent sale price for 31 GRACE CRESCENT of £81,000 on 15th January 2013. For the value to have increased from £81,000 to £146,582 over the eleven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 31 GRACE CRESCENT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2013 sale price of £81,000 represented a fair market value for the property.
• The size, condition, and specification of 31 GRACE CRESCENT has not materially changed since January 2013.

How Large is 31 GRACE CRESCENT?

31 GRACE CRESCENT is 51m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% 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 31 GRACE CRESCENT lies on this distribution: 34% of detached houses houses are smaller than 31 GRACE CRESCENT, and 66% of houses are larger. Note that EPC data is not available for all properties in Anderby Creek.

31 GRACE CRESCENT: Plot and Title Map

31 GRACE CRESCENT sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 31 GRACE 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 31 GRACE 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 31 GRACE CRESCENT?

31 GRACE CRESCENT is located in ANDERBY CREEK, in the PE24 postcode district. The below map shows the position of No. 31 on GRACE CRESCENT.