5, SEACROFT DRIVE, SKEGNESS, PE25 3AH - £190,000

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 SEACROFT DRIVE is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £190,000 in October 2013, which was around 12% above the average October 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

5 SEACROFT DRIVE Sold Prices

Land registry data shows two sales for 5 SEACROFT 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 SEACROFT DRIVE 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
2013 29 OCT	£190,000	£170,169	12% above HPI
1997 29 MAY	£99,950	£59,416	68% above HPI

5 SEACROFT 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 SEACROFT DRIVE sales from May 1997 and October 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 1997 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the October 2013 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 5 SEACROFT DRIVE?

5 SEACROFT DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in May 2012. 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 SEACROFT DRIVE lies on this distribution: 60% of detached houses are smaller than 5 SEACROFT DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Skegness.

5 SEACROFT DRIVE: Plot and Title Map

5 SEACROFT DRIVE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 5 SEACROFT 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 SEACROFT 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 SEACROFT DRIVE?

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