5, NORTH FORELAND DRIVE, SKEGNESS, PE25 1QT - £115,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 NORTH FORELAND DRIVE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £115,000 in August 2010, which was around 33% below the average August 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

5 NORTH FORELAND DRIVE Sold Prices

Land registry data shows two sales for 5 NORTH FORELAND 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 NORTH FORELAND 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
2010 13 AUG	£115,000	£170,916	33% below HPI
2002 30 JAN	£65,000	£91,180	29% below HPI

5 NORTH FORELAND 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 NORTH FORELAND DRIVE sales from January 2002 and August 2010 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 January 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2010 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 NORTH FORELAND DRIVE?

5 NORTH FORELAND DRIVE is 69m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% 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 NORTH FORELAND DRIVE lies on this distribution: 18% of detached houses are smaller than 5 NORTH FORELAND DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Skegness.

5 NORTH FORELAND DRIVE: Plot and Title Map

5 NORTH FORELAND DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 5 NORTH FORELAND 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 NORTH FORELAND 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 NORTH FORELAND DRIVE?

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