4, SYNE AVENUE, SKEGNESS, PE25 3DJ - £215,000

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 SYNE AVENUE is a very large extended detached house of 178m², built sometime between 1930 and 1949. It was last sold for £215,000 in February 2021, which was around 8% below the average February 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

4 SYNE AVENUE Sold Prices

Land registry data shows two sales for 4 SYNE AVENUE 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 4 SYNE AVENUE sales was for below the average price, whilst the other was for above 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 12 FEB	£215,000	£232,837	8% below HPI
2001 23 MAR	£127,500	£75,801	68% above HPI

4 SYNE AVENUE 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 SYNE AVENUE sales from March 2001 and February 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 March 2001 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the February 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 4 SYNE AVENUE?

4 SYNE AVENUE is 178m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% 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 SYNE AVENUE lies on this distribution: 93% of detached houses are smaller than 4 SYNE AVENUE, and 7% of houses are larger. Note that EPC data is not available for all properties in Skegness.

4 SYNE AVENUE: Plot and Title Map

4 SYNE AVENUE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 4 SYNE AVENUE, 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 SYNE AVENUE). 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 SYNE AVENUE?

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