370, DRUMMOND ROAD, SKEGNESS, PE25 3BB - £225,000

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

370 DRUMMOND ROAD is a very large extended detached house of 150m², built sometime between 1950 and 1966. It was last sold for £225,000 in April 2014, which was around 31% above the average April 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was D.

370 DRUMMOND ROAD Sold Prices

Land registry data shows two sales for 370 DRUMMOND ROAD 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. One of the two 370 DRUMMOND ROAD sales was for above the average price, whilst the other was 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
2014 9 APR	£225,000	£171,205	31% above HPI
1996 8 JUL	£50,000	£56,877	12% below HPI

370 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 two 370 DRUMMOND ROAD sales from July 1996 and April 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 July 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2014 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 370 DRUMMOND ROAD?

370 DRUMMOND ROAD is 150m², which includes two extensions, according to the EPC inspection conducted in November 2008. This puts it in the largest 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 370 DRUMMOND ROAD lies on this distribution: 86% of detached houses are smaller than 370 DRUMMOND ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Skegness.

370 DRUMMOND ROAD: Plot and Title Map

370 DRUMMOND ROAD sits on a plot of roughly 0.220 of an acre, or 891m². The below map shows the location of 370 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 370 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 370 DRUMMOND ROAD?

370 DRUMMOND ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 370 on DRUMMOND ROAD.