63, BEACON WAY, SKEGNESS, PE25 1HJ - £177,000

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

63 BEACON WAY is a large extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £177,000 in November 2016, which was around 11% below the average November 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

63 BEACON WAY Sold Prices

Land registry data shows three sales for 63 BEACON WAY 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 63 BEACON WAY 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
2016 1 NOV	£177,000	£197,814	11% below HPI
2009 13 OCT	£158,000	£165,414	4% below HPI
2006 13 OCT	£160,000	£176,185	9% below HPI

63 BEACON WAY 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 63 BEACON WAY sales between October 2006 and November 2016 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 October 2009 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 63 BEACON WAY?

63 BEACON WAY is 112m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 63 BEACON WAY lies on this distribution: 64% of detached houses are smaller than 63 BEACON WAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Skegness.

63 BEACON WAY: Plot and Title Map

63 BEACON WAY sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 63 BEACON WAY, 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 63 BEACON WAY). 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 63 BEACON WAY?

63 BEACON WAY is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 63 on BEACON WAY.