58, RICHMOND DRIVE, SKEGNESS, PE25 3PQ - £142,000

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

58 RICHMOND DRIVE is a midsized extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £142,000 in March 2015, which was around 19% below the average March 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

58 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 58 RICHMOND DRIVE 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 58 RICHMOND DRIVE 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
2015 10 MAR	£142,000	£174,460	19% below HPI
1995 20 NOV	£54,500	£55,148	1% below HPI

58 RICHMOND DRIVE 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 58 RICHMOND DRIVE sales from November 1995 and March 2015 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 1995 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 58 RICHMOND DRIVE?

58 RICHMOND DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in June 2015. 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 58 RICHMOND DRIVE lies on this distribution: 49% of detached houses are smaller than 58 RICHMOND DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Skegness.

58 RICHMOND DRIVE: Plot and Title Map

58 RICHMOND DRIVE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 58 RICHMOND DRIVE, 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 58 RICHMOND DRIVE). 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 58 RICHMOND DRIVE?

58 RICHMOND DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 58 on RICHMOND DRIVE.