5, HOLLYOAK CLOSE, SKEGNESS, PE25 1TT - £297,000

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

5 HOLLYOAK CLOSE is a very large detached house of 164m², built sometime between 1996 and 2002. It was last sold for £297,000 in October 2016, which was around 54% above the average October 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

5 HOLLYOAK CLOSE Sold Prices

Land registry data shows five sales for 5 HOLLYOAK CLOSE 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 5 HOLLYOAK CLOSE 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
2016 7 OCT	£297,000	£192,862	54% above HPI
2010 23 JUL	£295,000	£168,200	75% above HPI
2005 28 NOV	£265,000	£175,325	51% above HPI
2003 14 FEB	£195,000	£120,209	62% above HPI
2000 21 JUL	£130,000	£75,156	73% above HPI

5 HOLLYOAK 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 five 5 HOLLYOAK CLOSE sales between July 2000 and October 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 July 2010 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the October 2016 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 5 HOLLYOAK CLOSE?

5 HOLLYOAK CLOSE is 164m² according to the EPC inspection conducted in January 2010. 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 5 HOLLYOAK CLOSE lies on this distribution: 91% of detached houses are smaller than 5 HOLLYOAK CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Skegness.

5 HOLLYOAK CLOSE: Plot and Title Map

5 HOLLYOAK CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 5 HOLLYOAK 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 HOLLYOAK 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 HOLLYOAK CLOSE?

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