54, BEACON WAY, SKEGNESS, PE25 1HJ - £150,000

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

54 BEACON WAY is a very small detached house of 65m², built sometime between 1996 and 2002. It was last sold for £150,000 in August 2009, which was around 9% below the average August 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

54 BEACON WAY Sold Prices

Land registry data shows two sales for 54 BEACON WAY 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 54 BEACON WAY 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
2009 20 AUG	£150,000	£165,469	9% below HPI
2007 29 JUN	£178,000	£187,546	5% below HPI

54 BEACON WAY 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 54 BEACON WAY sales from June 2007 and August 2009 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 June 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2009 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 54 BEACON WAY?

54 BEACON WAY is 65m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 54 BEACON WAY lies on this distribution: 13% of detached houses are smaller than 54 BEACON WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Skegness.

54 BEACON WAY: Plot and Title Map

54 BEACON WAY sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 54 BEACON WAY, 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 54 BEACON WAY). 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 54 BEACON WAY?

54 BEACON WAY is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 54 on BEACON WAY.