56, MAYFIELD GROVE, SKEGNESS, PE25 3RY - £150,000

56 MAYFIELD GROVE is a small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £150,000 in October 2017, which was around 28% below the average October 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

56 MAYFIELD GROVE Sold Prices

Land registry data shows two sales for 56 MAYFIELD GROVE 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 56 MAYFIELD GROVE 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
2017 18 OCT	£150,000	£209,258	28% below HPI
1999 12 NOV	£48,500	£69,337	30% below HPI

56 MAYFIELD GROVE 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 56 MAYFIELD GROVE sales from November 1999 and October 2017 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 November 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 56 MAYFIELD GROVE?

56 MAYFIELD GROVE is 78m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 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 56 MAYFIELD GROVE lies on this distribution: 30% of detached houses are smaller than 56 MAYFIELD GROVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Skegness.

56 MAYFIELD GROVE: Plot and Title Map

56 MAYFIELD GROVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 56 MAYFIELD GROVE, 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 56 MAYFIELD GROVE). 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 56 MAYFIELD GROVE?

56 MAYFIELD GROVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 56 on MAYFIELD GROVE.