5, SYCAMORE CLOSE, CROFT, SKEGNESS, PE24 4SX - £170,000

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 SYCAMORE CLOSE is a midsized detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £256,174. It was last sold for £170,000 in February 2016, which was around 11% below the average February 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was A.

5 SYCAMORE CLOSE Sold Prices

Land registry data shows six sales for 5 SYCAMORE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the six 5 SYCAMORE 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
2016 24 FEB	£170,000	£189,960	11% below HPI
2013 31 MAY	£110,000	£173,106	36% below HPI
2007 7 JUN	£157,500	£190,278	17% below HPI
2002 13 MAY	£82,500	£99,782	17% below HPI
2000 7 APR	£57,500	£73,459	22% below HPI
1995 31 JAN	£54,950	£60,455	9% below HPI

5 SYCAMORE 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 six 5 SYCAMORE CLOSE sales between January 1995 and February 2016 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 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 5 SYCAMORE CLOSE be worth now?

5 SYCAMORE CLOSE might now be worth an estimated £256,174.

This is based on house price inflation of 50.7%, between February 2016 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 50.7% inflationary increase is applied to the most recent sale price for 5 SYCAMORE CLOSE of £170,000 on 24th February 2016. For the value to have increased from £170,000 to £256,174 over the nine years to February 2025, the following assumptions must hold true:

• The value of 5 SYCAMORE CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2016 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SYCAMORE CLOSE has not materially changed since February 2016.

How Large is 5 SYCAMORE CLOSE?

5 SYCAMORE CLOSE is 92m² according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses houses in Croft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Croft, and where 5 SYCAMORE CLOSE lies on this distribution: 50% of detached houses houses are smaller than 5 SYCAMORE CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Croft.

5 SYCAMORE CLOSE: Plot and Title Map

5 SYCAMORE CLOSE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 5 SYCAMORE 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 SYCAMORE 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 SYCAMORE CLOSE?

5 SYCAMORE CLOSE is located in CROFT, in the PE24 postcode district. The below map shows the position of No. 5 on SYCAMORE CLOSE.