49, HOYLAKE DRIVE, SKEGNESS, PE25 1AQ - £256,000

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

49 HOYLAKE DRIVE is a large detached house of 130m², built sometime between 1930 and 1949. It was last sold for £256,000 in May 2021, which was around 9% above the average May 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

49 HOYLAKE DRIVE Sold Prices

Land registry data shows four sales for 49 HOYLAKE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 49 HOYLAKE DRIVE sales were 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
2021 13 MAY	£256,000	£235,278	9% above HPI
2012 31 OCT	£186,000	£160,599	16% above HPI
2005 16 MAY	£192,500	£171,373	12% above HPI
1997 16 MAY	£79,000	£59,416	33% above HPI

49 HOYLAKE 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 four 49 HOYLAKE DRIVE sales between May 1997 and May 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 October 2012 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 49 HOYLAKE DRIVE?

49 HOYLAKE DRIVE is 130m² according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 49 HOYLAKE DRIVE lies on this distribution: 76% of detached houses are smaller than 49 HOYLAKE DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Skegness.

49 HOYLAKE DRIVE: Plot and Title Map

49 HOYLAKE DRIVE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 49 HOYLAKE 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 49 HOYLAKE 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 49 HOYLAKE DRIVE?

49 HOYLAKE DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 49 on HOYLAKE DRIVE.