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
52 BURGH OLD ROAD is a midsized extended detached house of 104m², built sometime between 1930 and 1949. It was last sold for £225,000 in September 2022, which was around 19% below the average September 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 52 BURGH OLD ROAD since 1st 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 52 BURGH OLD ROAD 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 |
---|---|---|---|
2022 16 SEP | £225,000 | £278,115 | 19% below HPI |
2013 22 MAY | £122,500 | £170,620 | 28% below HPI |
2010 28 MAY | £119,000 | £171,911 | 31% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 52 BURGH OLD ROAD sales between May 2010 and September 2022 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
52 BURGH OLD ROAD is 104m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 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 52 BURGH OLD ROAD lies on this distribution: 59% of detached houses are smaller than 52 BURGH OLD ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Skegness.
52 BURGH OLD ROAD sits on a plot of roughly 0.210 of an acre, or 850m². The below map shows the location of 52 BURGH OLD ROAD, 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 52 BURGH OLD ROAD). 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.
52 BURGH OLD ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 52 on BURGH OLD ROAD.