41, LUMLEY CRESCENT, SKEGNESS, PE25 2TL - £104,995

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

41 LUMLEY CRESCENT is a midsized detached house of 90m², built sometime between 1930 and 1949. It was last sold for £104,995 in August 2011, which was around 38% below the average August 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

41 LUMLEY CRESCENT Sold Prices

Land registry data shows three sales for 41 LUMLEY CRESCENT 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. Two of the three 41 LUMLEY CRESCENT sales were for below the average price, whilst one 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
2011 22 AUG	£104,995	£168,589	38% below HPI
2002 21 JAN	£77,000	£91,180	16% below HPI
1998 31 JUL	£250,000	£65,105	284% above HPI

41 LUMLEY CRESCENT 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 41 LUMLEY CRESCENT sales between July 1998 and August 2011 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 January 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2011 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 41 LUMLEY CRESCENT?

41 LUMLEY CRESCENT is 90m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 41 LUMLEY CRESCENT lies on this distribution: 46% of detached houses are smaller than 41 LUMLEY CRESCENT, and 54% of houses are larger. Note that EPC data is not available for all properties in Skegness.

41 LUMLEY CRESCENT: Plot and Title Map

41 LUMLEY CRESCENT sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 41 LUMLEY CRESCENT, 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 41 LUMLEY CRESCENT). 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 41 LUMLEY CRESCENT?

41 LUMLEY CRESCENT is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 41 on LUMLEY CRESCENT.