40, PORTLAND DRIVE, SKEGNESS, PE25 1HF - £200,000

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

40 PORTLAND DRIVE is a small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £200,000 in August 2019, which was around 10% below the average August 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

40 PORTLAND DRIVE Sold Prices

Land registry data shows three sales for 40 PORTLAND DRIVE 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. All of the three 40 PORTLAND DRIVE 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
2019 30 AUG	£200,000	£221,272	10% below HPI
2017 16 AUG	£193,000	£211,244	9% below HPI
2005 11 APR	£152,000	£166,433	9% below HPI

40 PORTLAND DRIVE 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 40 PORTLAND DRIVE sales between April 2005 and August 2019 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 August 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 40 PORTLAND DRIVE?

40 PORTLAND DRIVE is 79m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 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 40 PORTLAND DRIVE lies on this distribution: 32% of detached houses are smaller than 40 PORTLAND DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Skegness.

40 PORTLAND DRIVE: Plot and Title Map

40 PORTLAND DRIVE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 40 PORTLAND DRIVE, 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 40 PORTLAND DRIVE). 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 40 PORTLAND DRIVE?

40 PORTLAND DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 40 on PORTLAND DRIVE.