5, BERESFORD CLOSE, SKEGNESS, PE25 3JH - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 BERESFORD CLOSE is a very large extended detached house of 151m², built sometime between 1900 and 1929, which could now be worth an estimated £235,198. It was last sold for £160,000 in September 2016, which was around 18% below the average September 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

5 BERESFORD CLOSE Sold Prices

Land registry data shows three sales for 5 BERESFORD CLOSE 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 5 BERESFORD CLOSE 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
2016 2 SEP	£160,000	£194,731	18% below HPI
2000 29 APR	£82,600	£73,459	12% above HPI
1999 18 JAN	£60,000	£68,502	12% below HPI

5 BERESFORD 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 three 5 BERESFORD CLOSE sales between January 1999 and September 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 April 2000 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 5 BERESFORD CLOSE be worth now?

5 BERESFORD CLOSE might now be worth an estimated £235,198.

This is based on house price inflation of 47%, between September 2016 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47% inflationary increase is applied to the most recent sale price for 5 BERESFORD CLOSE of £160,000 on 2nd September 2016. For the value to have increased from £160,000 to £235,198 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 BERESFORD CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2016 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BERESFORD CLOSE has not materially changed since September 2016.

How Large is 5 BERESFORD CLOSE?

5 BERESFORD CLOSE is 151m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 20% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 5 BERESFORD CLOSE lies on this distribution: 86% of detached houses houses are smaller than 5 BERESFORD CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Skegness.

5 BERESFORD CLOSE: Plot and Title Map

5 BERESFORD CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 5 BERESFORD 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 5 BERESFORD 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 5 BERESFORD CLOSE?

5 BERESFORD CLOSE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 5 on BERESFORD CLOSE.