5, PEPPERMINT GROVE, SKEGNESS, PE25 3LJ - £270,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 PEPPERMINT GROVE is a large detached house of 108m², built sometime between 2003 and 2006, which could now be worth an estimated £373,994. It was last sold for £270,000 in April 2017, which was around 31% above the average April 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

5 PEPPERMINT GROVE Sold Prices

Land registry data shows four sales for 5 PEPPERMINT GROVE since 1^st 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. Most of the four 5 PEPPERMINT GROVE 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
2017 26 APR	£270,000	£206,656	31% above HPI
2007 22 JUN	£275,000	£190,278	45% above HPI
2004 25 AUG	£245,000	£163,467	50% above HPI
2003 5 SEP	£45,000	£135,930	67% below HPI

5 PEPPERMINT GROVE 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 four 5 PEPPERMINT GROVE sales between September 2003 and April 2017 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 June 2007 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2017 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 5 PEPPERMINT GROVE be worth now?

5 PEPPERMINT GROVE might now be worth an estimated £373,994.

This is based on house price inflation of 38.5%, between April 2017 and February 2025, 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 38.5% inflationary increase is applied to the most recent sale price for 5 PEPPERMINT GROVE of £270,000 on 26th April 2017. For the value to have increased from £270,000 to £373,994 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 5 PEPPERMINT GROVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2017 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PEPPERMINT GROVE has not materially changed since April 2017.

How Large is 5 PEPPERMINT GROVE?

5 PEPPERMINT GROVE is 108m² according to the EPC inspection conducted in May 2016. This puts it in the largest 40% 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 PEPPERMINT GROVE lies on this distribution: 61% of detached houses houses are smaller than 5 PEPPERMINT GROVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Skegness.

5 PEPPERMINT GROVE: Plot and Title Map

5 PEPPERMINT GROVE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 5 PEPPERMINT GROVE, 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 PEPPERMINT GROVE). 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 PEPPERMINT GROVE?

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