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
5 BUCKTHORN AVENUE is a midsized detached house of 97m², built sometime between 1900 and 1929. It was last sold for £65,000 in March 1999, which was about the average March 1999 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows four sales for 5 BUCKTHORN AVENUE since 1st 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. The four 5 BUCKTHORN AVENUE sales were a mix of roughly equal to the average price, and 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 |
---|---|---|---|
1999 22 MAR | £65,000 | £65,202 | Close to HPI |
1998 22 MAY | £59,500 | £60,945 | 2% below HPI |
1997 30 MAY | £50,000 | £59,416 | 16% below HPI |
1995 21 DEC | £38,000 | £56,757 | 33% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four 5 BUCKTHORN AVENUE sales between December 1995 and March 1999 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 May 1998 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 1999 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
5 BUCKTHORN AVENUE is 97m² according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 5 BUCKTHORN AVENUE lies on this distribution: 53% of detached houses are smaller than 5 BUCKTHORN AVENUE, and 46% of houses are larger. Note that EPC data is not available for all properties in Skegness.
5 BUCKTHORN AVENUE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 5 BUCKTHORN 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 5 BUCKTHORN 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.
5 BUCKTHORN AVENUE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 5 on BUCKTHORN AVENUE.