38, LUMLEY CRESCENT, SKEGNESS, PE25 2TL - £320,000

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

38 LUMLEY CRESCENT is a large extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £320,000 in March 2021, which was around 37% above the average March 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

38 LUMLEY CRESCENT Sold Prices

Land registry data shows three sales for 38 LUMLEY CRESCENT 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. One of the three 38 LUMLEY CRESCENT sales was for above the average price, whilst two 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 22 MAR	£320,000	£233,062	37% above HPI
2008 22 FEB	£160,000	£178,420	10% below HPI
2005 8 SEP	£170,000	£173,416	2% below HPI

38 LUMLEY CRESCENT 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 38 LUMLEY CRESCENT sales between September 2005 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 February 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2021 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 38 LUMLEY CRESCENT?

38 LUMLEY CRESCENT is 120m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 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 38 LUMLEY CRESCENT lies on this distribution: 70% of detached houses are smaller than 38 LUMLEY CRESCENT, and 30% of houses are larger. Note that EPC data is not available for all properties in Skegness.

38 LUMLEY CRESCENT: Plot and Title Map

38 LUMLEY CRESCENT sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 38 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 38 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.

Where is 38 LUMLEY CRESCENT?

38 LUMLEY CRESCENT is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 38 on LUMLEY CRESCENT.