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
36 LUMLEY CRESCENT is a very small extended detached house of 70m², built sometime between 1950 and 1966. It was last sold for £67,500 in September 2004, which was around 59% below the average September 2004 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 36 LUMLEY CRESCENT since 1st 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. All of the three 36 LUMLEY CRESCENT 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 |
---|---|---|---|
2004 3 SEP | £67,500 | £163,555 | 59% below HPI |
1997 14 NOV | £54,000 | £60,955 | 11% below HPI |
1996 6 NOV | £35,000 | £57,427 | 39% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 36 LUMLEY CRESCENT sales between November 1996 and September 2004 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 November 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2004 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.
36 LUMLEY CRESCENT is 70m², which includes one extension, according to the EPC inspection conducted in April 2012. 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 36 LUMLEY CRESCENT lies on this distribution: 19% of detached houses are smaller than 36 LUMLEY CRESCENT, and 80% of houses are larger. Note that EPC data is not available for all properties in Skegness.
36 LUMLEY CRESCENT sits on a plot of roughly 0.108 of an acre, or 435m². The below map shows the location of 36 LUMLEY CRESCENT, 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 36 LUMLEY CRESCENT). 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.
36 LUMLEY CRESCENT is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 36 on LUMLEY CRESCENT.