5, REGENTS CLOSE, SKEGNESS, PE25 3QG - £150,000

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 REGENTS CLOSE is a midsized detached house of 88m², built sometime between 1983 and 1990. It was last sold for £150,000 in December 2013, which was around 9% below the average December 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

5 REGENTS CLOSE Sold Prices

Land registry data shows three sales for 5 REGENTS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 5 REGENTS CLOSE 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
2013 18 DEC	£150,000	£165,366	9% below HPI
2000 19 MAY	£59,995	£72,066	17% below HPI
1996 30 APR	£44,000	£53,878	18% below HPI

5 REGENTS 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 three 5 REGENTS CLOSE sales between April 1996 and December 2013 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 May 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2013 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 5 REGENTS CLOSE?

5 REGENTS CLOSE is 88m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 50% 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 REGENTS CLOSE lies on this distribution: 44% of detached houses are smaller than 5 REGENTS CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Skegness.

5 REGENTS CLOSE: Plot and Title Map

5 REGENTS CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 5 REGENTS 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 REGENTS 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 REGENTS CLOSE?

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