59, GLENEAGLES DRIVE, SKEGNESS, PE25 1DR - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

59 GLENEAGLES DRIVE is a very small detached house of 60m², built sometime between 1976 and 1982. It was last sold for £240,000 in March 2022, which was around 10% below the average March 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

59 GLENEAGLES DRIVE Sold Prices

Land registry data shows four sales for 59 GLENEAGLES DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 59 GLENEAGLES 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
2022 1 MAR	£240,000	£267,673	10% below HPI
2010 25 MAY	£150,000	£174,415	14% below HPI
2007 22 JUN	£149,950	£190,278	21% below HPI
1997 25 JUL	£52,000	£61,347	15% below HPI

59 GLENEAGLES 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 four 59 GLENEAGLES DRIVE sales between July 1997 and March 2022 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 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 59 GLENEAGLES DRIVE be worth now?

59 GLENEAGLES DRIVE might now be worth an estimated £255,439.

This is based on house price inflation of 6.4%, between March 2022 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.4% inflationary increase is applied to the most recent sale price for 59 GLENEAGLES DRIVE of £240,000 on 1st March 2022. For the value to have increased from £240,000 to £255,439 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 59 GLENEAGLES DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 59 GLENEAGLES DRIVE has not materially changed since March 2022.

How Large is 59 GLENEAGLES DRIVE?

59 GLENEAGLES DRIVE is 60m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 59 GLENEAGLES DRIVE lies on this distribution: 6% of detached houses houses are smaller than 59 GLENEAGLES DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Skegness.

59 GLENEAGLES DRIVE: Plot and Title Map

59 GLENEAGLES DRIVE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 59 GLENEAGLES 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 59 GLENEAGLES 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 59 GLENEAGLES DRIVE?

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