4, MULBERRY WAY, SKEGNESS, PE25 1GD - £167,000

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 MULBERRY WAY is a small detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £284,752. It was last sold for £167,000 in August 2009, which was around 1% below the average August 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

4 MULBERRY WAY Sold Prices

Land registry data shows two sales for 4 MULBERRY WAY 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 MULBERRY WAY 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
2009 12 AUG	£167,000	£167,880	1% below HPI
2006 3 MAY	£165,000	£181,899	9% below HPI

4 MULBERRY WAY 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 MULBERRY WAY sales from May 2006 and August 2009 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 May 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2009 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 4 MULBERRY WAY be worth now?

4 MULBERRY WAY might now be worth an estimated £284,752.

This is based on house price inflation of 70.5%, between August 2009 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 70.5% inflationary increase is applied to the most recent sale price for 4 MULBERRY WAY of £167,000 on 12th August 2009. For the value to have increased from £167,000 to £284,752 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 4 MULBERRY WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2009 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MULBERRY WAY has not materially changed since August 2009.

How Large is 4 MULBERRY WAY?

4 MULBERRY WAY is 82m² according to the EPC inspection conducted in October 2008. 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 MULBERRY WAY lies on this distribution: 36% of detached houses houses are smaller than 4 MULBERRY WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Skegness.

4 MULBERRY WAY: Plot and Title Map

4 MULBERRY WAY sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 4 MULBERRY WAY, 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 MULBERRY WAY). 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 MULBERRY WAY?

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