53, LINCOLN ROAD, SKEGNESS, PE25 2ED - £265,000

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

53 LINCOLN ROAD is a large extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £265,000 in August 2023, which was around 6% below the average August 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

53 LINCOLN ROAD Sold Prices

Land registry data shows two sales for 53 LINCOLN ROAD 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. One of the two 53 LINCOLN ROAD sales was for below the average price, whilst the other was 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
2023 31 AUG	£265,000	£282,946	6% below HPI
1998 23 DEC	£68,000	£66,497	2% above HPI

53 LINCOLN ROAD 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 53 LINCOLN ROAD sales from December 1998 and August 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 December 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 53 LINCOLN ROAD?

53 LINCOLN ROAD is 121m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 53 LINCOLN ROAD lies on this distribution: 70% of detached houses are smaller than 53 LINCOLN ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Skegness.

53 LINCOLN ROAD: Plot and Title Map

53 LINCOLN ROAD sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 53 LINCOLN 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 53 LINCOLN 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.

Where is 53 LINCOLN ROAD?

53 LINCOLN ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 53 on LINCOLN ROAD.