32, STONES CLOSE, HOGSTHORPE, SKEGNESS, PE24 5NZ - £175,000

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

32 STONES CLOSE is a large extended detached house of 95m², built sometime between 2003 and 2006. It was last sold for £175,000 in August 2018, which was around 20% below the average August 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

32 STONES CLOSE Sold Prices

Land registry data shows three sales for 32 STONES 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. Two of the three 32 STONES CLOSE sales were for below the average price, whilst one 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
2018 10 AUG	£175,000	£218,460	20% below HPI
2016 19 AUG	£168,000	£189,466	11% below HPI
2003 16 MAY	£130,750	£127,898	2% above HPI

32 STONES 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 32 STONES CLOSE sales between May 2003 and August 2018 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 August 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 32 STONES CLOSE?

32 STONES CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 40% of detached houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Hogsthorpe, and where 32 STONES CLOSE lies on this distribution: 68% of detached houses are smaller than 32 STONES CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

32 STONES CLOSE: Plot and Title Map

32 STONES CLOSE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 32 STONES 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 32 STONES 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 32 STONES CLOSE?

32 STONES CLOSE is located in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of No. 32 on STONES CLOSE.