60, MAYFIELD GROVE, SKEGNESS, PE25 3RY - £124,500

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

60 MAYFIELD GROVE is a small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £124,500 in November 2013, which was around 25% below the average November 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

60 MAYFIELD GROVE Sold Prices

Land registry data shows two sales for 60 MAYFIELD GROVE 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 60 MAYFIELD GROVE 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
2013 22 NOV	£124,500	£165,133	25% below HPI
2006 13 DEC	£155,500	£177,830	13% below HPI

60 MAYFIELD GROVE 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 60 MAYFIELD GROVE sales from December 2006 and November 2013 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 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 60 MAYFIELD GROVE?

60 MAYFIELD GROVE is 76m² according to the EPC inspection conducted in March 2011. 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 60 MAYFIELD GROVE lies on this distribution: 28% of detached houses are smaller than 60 MAYFIELD GROVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Skegness.

60 MAYFIELD GROVE: Plot and Title Map

60 MAYFIELD GROVE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 60 MAYFIELD GROVE, 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 60 MAYFIELD GROVE). 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 60 MAYFIELD GROVE?

60 MAYFIELD GROVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 60 on MAYFIELD GROVE.