31, IDA ROAD, SKEGNESS, PE25 2AU - £120,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

31 IDA ROAD is a very small semi-detached house of 36m², built sometime between 1930 and 1949. It was last sold for £120,000 in December 2012, which was around 24% below the average December 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was D.

31 IDA ROAD Sold Prices

Land registry data shows two sales for 31 IDA ROAD 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 31 IDA ROAD 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
2012 11 DEC	£120,000	£157,864	24% below HPI
2004 6 FEB	£150,000	£147,806	1% above HPI

31 IDA ROAD 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 IDA ROAD sales from February 2004 and December 2012 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 February 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2012 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 31 IDA ROAD?

31 IDA ROAD is 36m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 31 IDA ROAD lies on this distribution: Less than 1% of detached houses are smaller than 31 IDA ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Skegness.

31 IDA ROAD: Plot and Title Map

31 IDA ROAD sits on a plot of roughly 0.029 of an acre, or 115m². The below map shows the location of 31 IDA ROAD, 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 IDA ROAD). 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 IDA ROAD?

31 IDA ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 31 on IDA ROAD.