5, LUMLEY CRESCENT, SKEGNESS, PE25 2TL - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 LUMLEY CRESCENT is a large extended detached house of 127m², built sometime between 1950 and 1966, which could now be worth an estimated £331,168. It was last sold for £315,000 in June 2024, which was around 16% above the average June 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

5 LUMLEY CRESCENT Sold Prices

Land registry data shows two sales for 5 LUMLEY CRESCENT 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. One of the two 5 LUMLEY CRESCENT sales was for above the average price, whilst the other was 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
2024 7 JUN	£315,000	£270,983	16% above HPI
2007 30 MAR	£155,000	£185,683	17% below HPI

5 LUMLEY CRESCENT 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 LUMLEY CRESCENT sales from March 2007 and June 2024 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 March 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2024 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 5 LUMLEY CRESCENT be worth now?

5 LUMLEY CRESCENT might now be worth an estimated £331,168.

This is based on house price inflation of 5.1%, between June 2024 and December 2024, 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 5.1% inflationary increase is applied to the most recent sale price for 5 LUMLEY CRESCENT of £315,000 on 7th June 2024. For the value to have increased from £315,000 to £331,168 over the six months to December 2024, the following assumptions must hold true:

• The value of 5 LUMLEY CRESCENT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2024 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LUMLEY CRESCENT has not materially changed since June 2024.

How Large is 5 LUMLEY CRESCENT?

5 LUMLEY CRESCENT is 127m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the largest 30% 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 LUMLEY CRESCENT lies on this distribution: 75% of detached houses houses are smaller than 5 LUMLEY CRESCENT, and 25% of houses are larger. Note that EPC data is not available for all properties in Skegness.

5 LUMLEY CRESCENT: Plot and Title Map

5 LUMLEY CRESCENT sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 5 LUMLEY CRESCENT, 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 LUMLEY CRESCENT). 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 LUMLEY CRESCENT?

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