6, HOYLAKE DRIVE, SKEGNESS, PE25 1AA - £181,000

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 HOYLAKE DRIVE is a midsized extended detached house of 103m², built sometime between 1930 and 1949. It was last sold for £181,000 in May 2019, which was around 16% below the average May 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

6 HOYLAKE DRIVE Sold Prices

Land registry data shows three sales for 6 HOYLAKE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 6 HOYLAKE 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
2019 1 MAY	£181,000	£216,678	16% below HPI
2009 18 DEC	£156,000	£163,724	5% below HPI
2008 11 JAN	£135,000	£183,372	26% below HPI

6 HOYLAKE 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 three 6 HOYLAKE DRIVE sales between January 2008 and May 2019 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 December 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 6 HOYLAKE DRIVE?

6 HOYLAKE DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 6 HOYLAKE DRIVE lies on this distribution: 58% of detached houses are smaller than 6 HOYLAKE DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Skegness.

6 HOYLAKE DRIVE: Plot and Title Map

6 HOYLAKE DRIVE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 6 HOYLAKE 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 6 HOYLAKE 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 6 HOYLAKE DRIVE?

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