366, DRUMMOND ROAD, SKEGNESS, PE25 3BB - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

366 DRUMMOND ROAD is a very large extended detached house of 223m², built sometime between 1991 and 1995. It was last sold for £375,000 in January 2014, which was around 129% above the average January 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

366 DRUMMOND ROAD Sold Prices

Land registry data shows three sales for 366 DRUMMOND ROAD since 1^st 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 366 DRUMMOND ROAD sales were for above 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
2014 14 JAN	£375,000	£163,981	129% above HPI
1999 17 DEC	£140,000	£71,069	97% above HPI
1998 25 SEP	£147,000	£65,381	125% above HPI

366 DRUMMOND 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 three 366 DRUMMOND ROAD sales between September 1998 and January 2014 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 December 1999 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the January 2014 sale, where it rises to 129% above the HPI. The line then continues to track at 129% above the HPI.

How Large is 366 DRUMMOND ROAD?

366 DRUMMOND ROAD is 223m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 10% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 366 DRUMMOND ROAD lies on this distribution: 97% of detached houses are smaller than 366 DRUMMOND ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Skegness.

366 DRUMMOND ROAD: Plot and Title Map

366 DRUMMOND ROAD sits on a plot of roughly 0.221 of an acre, or 893m². The below map shows the location of 366 DRUMMOND 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 366 DRUMMOND 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 366 DRUMMOND ROAD?

366 DRUMMOND ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 366 on DRUMMOND ROAD.