5, RONALD CLOSE, SKEGNESS, PE25 2DE - £160,000

5 RONALD CLOSE is a very small detached house of 56m², built sometime between 1991 and 1995. It was last sold for £160,000 in January 2023, which was around 44% below the average January 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was B.

5 RONALD CLOSE Sold Prices

Land registry data shows three sales for 5 RONALD 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 RONALD 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
2023 4 JAN	£160,000	£286,082	44% below HPI
2016 7 OCT	£108,000	£192,862	44% below HPI
1999 6 AUG	£44,500	£67,835	34% below HPI

5 RONALD 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 RONALD CLOSE sales between August 1999 and January 2023 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 October 2016 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2023 sale, which was also at 44% below the HPI.

How Large is 5 RONALD CLOSE?

5 RONALD CLOSE is 56m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% 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 RONALD CLOSE lies on this distribution: 3% of detached houses are smaller than 5 RONALD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Skegness.

5 RONALD CLOSE: Plot and Title Map

5 RONALD CLOSE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 5 RONALD 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 RONALD 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 RONALD CLOSE?

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