6, BAYES ROAD, SKEGNESS, PE25 3AN - £347,500

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

6 BAYES ROAD is a large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £347,500 in May 2022, which was around 29% above the average May 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

6 BAYES ROAD Sold Prices

Land registry data shows two sales for 6 BAYES ROAD 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 6 BAYES ROAD sales were for 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
2022 17 MAY	£347,500	£269,782	29% above HPI
2016 19 SEP	£270,000	£191,934	41% above HPI

6 BAYES ROAD 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 6 BAYES ROAD sales from September 2016 and May 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 September 2016 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the May 2022 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 6 BAYES ROAD?

6 BAYES ROAD is 130m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 6 BAYES ROAD lies on this distribution: 76% of detached houses are smaller than 6 BAYES ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Skegness.

6 BAYES ROAD: Plot and Title Map

6 BAYES ROAD sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 6 BAYES 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 6 BAYES 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.

Where is 6 BAYES ROAD?

6 BAYES ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 6 on BAYES ROAD.