36, PORTLAND DRIVE, SKEGNESS, PE25 1HF - £228,000

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

36 PORTLAND DRIVE is a very small detached house of 64m², built sometime between 1976 and 1982. It was last sold for £228,000 in September 2022, which was around 18% below the average September 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

36 PORTLAND DRIVE Sold Prices

Land registry data shows two sales for 36 PORTLAND DRIVE 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 36 PORTLAND DRIVE 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 16 SEP	£228,000	£278,115	18% below HPI
2011 14 JUN	£125,000	£164,399	24% below HPI

36 PORTLAND DRIVE 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 36 PORTLAND DRIVE sales from June 2011 and September 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 June 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 36 PORTLAND DRIVE?

36 PORTLAND DRIVE is 64m² according to the EPC inspection conducted in May 2022. 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 PORTLAND DRIVE lies on this distribution: 10% of detached houses are smaller than 36 PORTLAND DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Skegness.

36 PORTLAND DRIVE: Plot and Title Map

36 PORTLAND DRIVE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 36 PORTLAND DRIVE, 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 PORTLAND DRIVE). 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 36 PORTLAND DRIVE?

36 PORTLAND DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 36 on PORTLAND DRIVE.