7, HOYLAKE DRIVE, SKEGNESS, PE25 1AB - £137,000

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

7 HOYLAKE DRIVE is a large detached house of 130m², built sometime between 1991 and 1995. It was last sold for £137,000 in November 2011, which was around 17% below the average November 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

7 HOYLAKE DRIVE Sold Prices

Land registry data shows three sales for 7 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. Two of the three 7 HOYLAKE DRIVE sales were for below the average price, whilst one was for above 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
2011 14 NOV	£137,000	£164,467	17% below HPI
2006 7 AUG	£175,950	£176,973	1% below HPI
2001 30 APR	£82,500	£78,743	5% above HPI

7 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 7 HOYLAKE DRIVE sales between April 2001 and November 2011 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 August 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2011 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 HOYLAKE DRIVE?

7 HOYLAKE DRIVE is 130m² according to the EPC inspection conducted in November 2015. This puts it in the largest 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 7 HOYLAKE DRIVE lies on this distribution: 76% of detached houses are smaller than 7 HOYLAKE DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Skegness.

7 HOYLAKE DRIVE: Plot and Title Map

7 HOYLAKE DRIVE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 7 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 7 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 7 HOYLAKE DRIVE?

7 HOYLAKE DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 7 on HOYLAKE DRIVE.