4, BURGHLEY ROAD, SKEGNESS, PE25 3NJ - £220,000

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

4 BURGHLEY ROAD is a large extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £220,000 in October 2020, which was around 1% below the average October 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

4 BURGHLEY ROAD Sold Prices

Land registry data shows two sales for 4 BURGHLEY 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. Both of the two 4 BURGHLEY ROAD 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
2020 6 OCT	£220,000	£223,136	1% below HPI
1996 13 DEC	£47,500	£58,189	18% below HPI

4 BURGHLEY 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 4 BURGHLEY ROAD sales from December 1996 and October 2020 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 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 4 BURGHLEY ROAD?

4 BURGHLEY ROAD is 110m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 40% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 4 BURGHLEY ROAD lies on this distribution: 63% of detached houses are smaller than 4 BURGHLEY ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Skegness.

4 BURGHLEY ROAD: Plot and Title Map

4 BURGHLEY ROAD sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 4 BURGHLEY 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 4 BURGHLEY 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 4 BURGHLEY ROAD?

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