5, HOLLAND DRIVE, SKEGNESS, PE25 3NH - £157,500

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 HOLLAND DRIVE is a small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £157,500 in December 2007, which was around 16% below the average December 2007 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

5 HOLLAND DRIVE Sold Prices

Land registry data shows two sales for 5 HOLLAND DRIVE 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. Both of the two 5 HOLLAND DRIVE 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
2007 6 DEC	£157,500	£187,355	16% below HPI
1995 28 APR	£47,250	£56,465	16% below HPI

5 HOLLAND 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 two 5 HOLLAND DRIVE sales from April 1995 and December 2007 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 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2007 sale, which was also at 16% below the HPI.

How Large is 5 HOLLAND DRIVE?

5 HOLLAND DRIVE is 73m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 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 5 HOLLAND DRIVE lies on this distribution: 22% of detached houses are smaller than 5 HOLLAND DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Skegness.

5 HOLLAND DRIVE: Plot and Title Map

5 HOLLAND DRIVE sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 5 HOLLAND 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 5 HOLLAND 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 5 HOLLAND DRIVE?

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