6, CORDEN CLOSE, SKEGNESS, PE25 3QF - £158,000

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

6 CORDEN CLOSE is a small detached house of 73m², built sometime between 1991 and 1995. It was last sold for £158,000 in May 2017, which was around 21% below the average May 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

6 CORDEN CLOSE Sold Prices

Land registry data shows five sales for 6 CORDEN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 6 CORDEN CLOSE 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
2017 5 MAY	£158,000	£200,860	21% below HPI
2006 26 MAY	£147,000	£179,287	18% below HPI
2001 20 JUL	£73,950	£80,837	9% below HPI
1997 18 AUG	£52,500	£61,297	14% below HPI
1996 20 SEP	£48,000	£58,109	17% below HPI

6 CORDEN CLOSE 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 five 6 CORDEN CLOSE sales between September 1996 and May 2017 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 6 CORDEN CLOSE?

6 CORDEN CLOSE is 73m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 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 CORDEN CLOSE lies on this distribution: 22% of detached houses are smaller than 6 CORDEN CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Skegness.

6 CORDEN CLOSE: Plot and Title Map

6 CORDEN CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 6 CORDEN CLOSE, 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 CORDEN CLOSE). 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 CORDEN CLOSE?

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