48, ALEXANDRA ROAD, SKEGNESS, PE25 3RE - £155,000

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

48 ALEXANDRA ROAD is a very large detached house of 169m², built sometime between 1930 and 1949. It was last sold for £155,000 in March 2024, which was around 43% below the average March 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

48 ALEXANDRA ROAD Sold Prices

Land registry data shows five sales for 48 ALEXANDRA ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 48 ALEXANDRA ROAD 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
2024 12 MAR	£155,000	£271,732	43% below HPI
2023 21 JUL	£140,800	£275,032	49% below HPI
2011 26 APR	£143,500	£161,407	11% below HPI
2005 24 OCT	£168,000	£176,098	5% below HPI
1998 28 AUG	£58,000	£64,389	10% below HPI

48 ALEXANDRA ROAD 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 five 48 ALEXANDRA ROAD sales between August 1998 and March 2024 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 July 2023 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2024 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 48 ALEXANDRA ROAD?

48 ALEXANDRA ROAD is 169m² according to the EPC inspection conducted in October 2014. 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 48 ALEXANDRA ROAD lies on this distribution: 92% of detached houses are smaller than 48 ALEXANDRA ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Skegness.

48 ALEXANDRA ROAD: Plot and Title Map

48 ALEXANDRA ROAD sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 48 ALEXANDRA ROAD, 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 48 ALEXANDRA ROAD). 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 48 ALEXANDRA ROAD?

48 ALEXANDRA ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 48 on ALEXANDRA ROAD.