42, STONES CLOSE, HOGSTHORPE, SKEGNESS, PE24 5NZ - £112,000

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

42 STONES CLOSE is a very small semi-detached house of 56m², built sometime from 2007 onwards. It was last sold for £112,000 in June 2016, which was around 41% below the average June 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

42 STONES CLOSE Sold Prices

Land registry data shows two sales for 42 STONES CLOSE 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 42 STONES CLOSE 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
2016 3 JUN	£112,000	£190,990	41% below HPI
2007 9 NOV	£136,995	£188,186	27% below HPI

42 STONES CLOSE 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 42 STONES CLOSE sales from November 2007 and June 2016 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 November 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 42 STONES CLOSE?

42 STONES CLOSE is 56m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% of detached houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Hogsthorpe, and where 42 STONES CLOSE lies on this distribution: 8% of detached houses are smaller than 42 STONES CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

42 STONES CLOSE: Plot and Title Map

42 STONES CLOSE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 42 STONES CLOSE, 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 42 STONES CLOSE). 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 42 STONES CLOSE?

42 STONES CLOSE is located in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of No. 42 on STONES CLOSE.