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
57 BURGH ROAD is a large extended detached house of 108m², built sometime between 1930 and 1949. It was last sold for £158,000 in October 2009, which was around 4% below the average October 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 57 BURGH 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. The three 57 BURGH ROAD sales were a mix of below the average price, roughly equal to the average price, and 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 |
---|---|---|---|
2009 9 OCT | £158,000 | £165,414 | 4% below HPI |
2001 1 MAY | £81,500 | £80,622 | 1% above HPI |
1998 2 NOV | £67,000 | £67,291 | Close to 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 57 BURGH ROAD sales between November 1998 and October 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 May 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2009 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
57 BURGH ROAD is 108m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 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 57 BURGH ROAD lies on this distribution: 61% of detached houses are smaller than 57 BURGH ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Skegness.
57 BURGH ROAD sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 57 BURGH 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 57 BURGH 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.
57 BURGH ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 57 on BURGH ROAD.