4, ABBEY CLOSE, SKEGNESS, PE25 2HX - £109,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 ABBEY CLOSE is a small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £249,044. It was last sold for £109,000 in April 2003, which was around 13% below the average April 2003 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

4 ABBEY CLOSE Sold Prices

Land registry data shows two sales for 4 ABBEY CLOSE 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 4 ABBEY CLOSE 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
2003 11 APR	£109,000	£125,285	13% below HPI
2001 13 JUL	£65,500	£82,015	20% below HPI

4 ABBEY CLOSE 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 4 ABBEY CLOSE sales from July 2001 and April 2003 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 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2003 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 ABBEY CLOSE be worth now?

4 ABBEY CLOSE might now be worth an estimated £249,044.

This is based on house price inflation of 128.5%, between April 2003 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 128.5% inflationary increase is applied to the most recent sale price for 4 ABBEY CLOSE of £109,000 on 11th April 2003. For the value to have increased from £109,000 to £249,044 over the 22 years and two months to February 2025, the following assumptions must hold true:

• The value of 4 ABBEY CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2003 sale price of £109,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ABBEY CLOSE has not materially changed since April 2003.

How Large is 4 ABBEY CLOSE?

4 ABBEY CLOSE is 81m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 4 ABBEY CLOSE lies on this distribution: 35% of detached houses houses are smaller than 4 ABBEY CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Skegness.

4 ABBEY CLOSE: Plot and Title Map

4 ABBEY CLOSE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 4 ABBEY CLOSE, 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 4 ABBEY CLOSE). 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 4 ABBEY CLOSE?

4 ABBEY CLOSE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 4 on ABBEY CLOSE.