33, ALBANY WAY, SKEGNESS, PE25 2NB - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

33 ALBANY WAY is a small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £175,240. It was last sold for £170,000 in June 2022, which was around 39% below the average June 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

33 ALBANY WAY Sold Prices

Land registry data shows two sales for 33 ALBANY WAY 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 33 ALBANY WAY 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 15 JUN	£170,000	£277,692	39% below HPI
2009 28 SEP	£146,000	£167,897	13% below HPI

33 ALBANY WAY 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 33 ALBANY WAY sales from September 2009 and June 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 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 33 ALBANY WAY be worth now?

33 ALBANY WAY might now be worth an estimated £175,240.

This is based on house price inflation of 3.1%, between June 2022 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 3.1% inflationary increase is applied to the most recent sale price for 33 ALBANY WAY of £170,000 on 15th June 2022. For the value to have increased from £170,000 to £175,240 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 33 ALBANY WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2022 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 33 ALBANY WAY has not materially changed since June 2022.

How Large is 33 ALBANY WAY?

33 ALBANY WAY is 77m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 33 ALBANY WAY lies on this distribution: 29% of detached houses houses are smaller than 33 ALBANY WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Skegness.

33 ALBANY WAY: Plot and Title Map

33 ALBANY WAY sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 33 ALBANY WAY, 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 33 ALBANY WAY). 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 33 ALBANY WAY?

33 ALBANY WAY is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 33 on ALBANY WAY.