68, MAYFIELD GROVE, SKEGNESS, PE25 3RY - £145,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

68 MAYFIELD GROVE is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £145,000 in June 2024, which was around 46% below the average June 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was F, and the potential energy rating was C.

68 MAYFIELD GROVE Sold Prices

Land registry data shows four sales for 68 MAYFIELD GROVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 68 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
2024 27 JUN	£145,000	£270,983	46% below HPI
2003 21 MAR	£94,000	£123,071	24% below HPI
2002 15 NOV	£79,500	£118,889	33% below HPI
1999 24 AUG	£49,995	£68,823	27% below HPI

68 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 four 68 MAYFIELD GROVE sales between August 1999 and June 2024 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 March 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2024 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 68 MAYFIELD GROVE be worth now?

68 MAYFIELD GROVE might now be worth an estimated £152,443.

This is based on house price inflation of 5.1%, between June 2024 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.1% inflationary increase is applied to the most recent sale price for 68 MAYFIELD GROVE of £145,000 on 27th June 2024. For the value to have increased from £145,000 to £152,443 over the six months to December 2024, the following assumptions must hold true:

• The value of 68 MAYFIELD GROVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2024 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 68 MAYFIELD GROVE has not materially changed since June 2024.

How Large is 68 MAYFIELD GROVE?

68 MAYFIELD GROVE is 64m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 68 MAYFIELD GROVE lies on this distribution: 10% of detached houses houses are smaller than 68 MAYFIELD GROVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Skegness.

68 MAYFIELD GROVE: Plot and Title Map

68 MAYFIELD GROVE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 68 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 68 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 68 MAYFIELD GROVE?

68 MAYFIELD GROVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 68 on MAYFIELD GROVE.