35, ALBANY WAY, SKEGNESS, PE25 2NB - £205,000

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

35 ALBANY WAY is a small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £205,000 in March 2021, which was around 12% below the average March 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

35 ALBANY WAY Sold Prices

Land registry data shows four sales for 35 ALBANY WAY 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 35 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
2021 31 MAR	£205,000	£233,062	12% below HPI
2018 25 MAY	£157,000	£209,025	25% below HPI
2013 19 JUL	£115,000	£164,032	30% below HPI
2008 28 NOV	£125,000	£170,004	26% below HPI

35 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 four 35 ALBANY WAY sales between November 2008 and March 2021 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 May 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 35 ALBANY WAY?

35 ALBANY WAY is 75m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 35 ALBANY WAY lies on this distribution: 26% of detached houses are smaller than 35 ALBANY WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Skegness.

35 ALBANY WAY: Plot and Title Map

35 ALBANY WAY sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 35 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 35 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 35 ALBANY WAY?

35 ALBANY WAY is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 35 on ALBANY WAY.