6A, FRANKLIN AVENUE, SKEGNESS, PE25 3DP - £69,000

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

6A FRANKLIN AVENUE is a very small detached house of 51m², built sometime between 1900 and 1929. It was last sold for £69,000 in March 2005, which was around 58% below the average March 2005 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

6A FRANKLIN AVENUE Sold Prices

Land registry data shows two sales for 6A FRANKLIN AVENUE 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 6A FRANKLIN AVENUE 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
2005 11 MAR	£69,000	£163,038	58% below HPI
2002 20 NOV	£48,000	£117,182	59% below HPI

6A FRANKLIN AVENUE 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 6A FRANKLIN AVENUE sales from November 2002 and March 2005 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 November 2002 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the March 2005 sale, where it rises to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 6A FRANKLIN AVENUE?

6A FRANKLIN AVENUE is 51m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 6A FRANKLIN AVENUE lies on this distribution: 1% of detached houses are smaller than 6A FRANKLIN AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Skegness.

6A FRANKLIN AVENUE: Plot and Title Map

6A FRANKLIN AVENUE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 6A FRANKLIN AVENUE, 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 6A FRANKLIN AVENUE). 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 6A FRANKLIN AVENUE?

6A FRANKLIN AVENUE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 6A on FRANKLIN AVENUE.