44, LUMLEY AVENUE, SKEGNESS, PE25 2TH - £265,000

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

44 LUMLEY AVENUE is a large extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £265,000 in June 2021, which was around 11% above the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

44 LUMLEY AVENUE Sold Prices

Land registry data shows two sales for 44 LUMLEY 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 44 LUMLEY AVENUE sales was for above the average price, whilst the other was 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
2021 22 JUN	£265,000	£238,466	11% above HPI
2016 2 DEC	£165,000	£197,369	16% below HPI

44 LUMLEY 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 44 LUMLEY AVENUE sales from December 2016 and June 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 December 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 44 LUMLEY AVENUE?

44 LUMLEY AVENUE is 110m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 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 44 LUMLEY AVENUE lies on this distribution: 63% of detached houses are smaller than 44 LUMLEY AVENUE, and 37% of houses are larger. Note that EPC data is not available for all properties in Skegness.

44 LUMLEY AVENUE: Plot and Title Map

44 LUMLEY AVENUE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 44 LUMLEY 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 44 LUMLEY 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 44 LUMLEY AVENUE?

44 LUMLEY AVENUE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 44 on LUMLEY AVENUE.