59, BEACON WAY, SKEGNESS, PE25 1HJ - £177,500

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

59 BEACON WAY is a very small detached house of 57m², built sometime between 1976 and 1982. It was last sold for £177,500 in October 2021, which was around 29% below the average October 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

59 BEACON WAY Sold Prices

Land registry data shows eight sales for 59 BEACON WAY since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the eight 59 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
2021 21 OCT	£177,500	£251,466	29% below HPI
2018 30 NOV	£170,000	£217,913	22% below HPI
2017 17 MAR	£158,240	£203,019	22% below HPI
2016 2 FEB	£149,000	£187,232	20% below HPI
2011 8 DEC	£134,500	£164,498	18% below HPI
2007 14 JUN	£140,000	£187,546	25% below HPI
2001 15 JUN	£52,500	£82,504	36% below HPI
1998 16 NOV	£44,000	£67,291	35% below HPI

59 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 eight 59 BEACON WAY sales between November 1998 and October 2021 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 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 59 BEACON WAY?

59 BEACON WAY is 57m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 59 BEACON WAY lies on this distribution: 4% of detached houses are smaller than 59 BEACON WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Skegness.

59 BEACON WAY: Plot and Title Map

59 BEACON WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 59 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 59 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 59 BEACON WAY?

59 BEACON WAY is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 59 on BEACON WAY.