33, BURGH ROAD, SKEGNESS, PE25 2RA - £135,000

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

33 BURGH ROAD is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £135,000 in May 2013, which was around 21% below the average May 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

33 BURGH ROAD Sold Prices

Land registry data shows four sales for 33 BURGH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 33 BURGH ROAD 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 31 MAY	£135,000	£170,620	21% below HPI
2006 18 JUL	£148,500	£180,885	18% below HPI
2002 15 AUG	£92,500	£105,490	12% below HPI
1996 24 OCT	£41,000	£57,578	29% below HPI

33 BURGH 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 four 33 BURGH ROAD sales between October 1996 and May 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2013 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 33 BURGH ROAD?

33 BURGH ROAD is 68m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 33 BURGH ROAD lies on this distribution: 16% of detached houses are smaller than 33 BURGH ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Skegness.

33 BURGH ROAD: Plot and Title Map

33 BURGH ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 33 BURGH 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 33 BURGH 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 33 BURGH ROAD?

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