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

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 PEPPERMINT GROVE is a large detached house of 108m², built sometime between 2003 and 2006. It was last sold for £270,000 in April 2017, which was around 33% 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	£203,689	33% above HPI
2007 22 JUN	£275,000	£187,546	47% above HPI
2004 25 AUG	£245,000	£161,119	52% above HPI
2003 5 SEP	£45,000	£133,978	66% 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 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the April 2017 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

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 in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 5 PEPPERMINT GROVE lies on this distribution: 61% of detached 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.