7, LETTWELL CRESCENT, SKEGNESS, PE25 3LB - £300,000

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 LETTWELL CRESCENT is a large detached house of 111m², built sometime between 1967 and 1975. It was last sold for £300,000 in July 2024, which was around 12% above the average July 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.

7 LETTWELL CRESCENT Sold Prices

Land registry data shows four sales for 7 LETTWELL CRESCENT 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. Most of the four 7 LETTWELL CRESCENT 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 10 JUL	£300,000	£268,335	12% above HPI
2017 10 NOV	£162,500	£207,429	22% below HPI
2004 9 JUL	£100,000	£160,925	38% below HPI
1995 21 FEB	£52,000	£59,061	12% below HPI

7 LETTWELL CRESCENT 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 7 LETTWELL CRESCENT sales between February 1995 and July 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 November 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2024 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 7 LETTWELL CRESCENT?

7 LETTWELL CRESCENT is 111m² according to the EPC inspection conducted in June 2017. 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 7 LETTWELL CRESCENT lies on this distribution: 64% of detached houses are smaller than 7 LETTWELL CRESCENT, and 36% of houses are larger. Note that EPC data is not available for all properties in Skegness.

7 LETTWELL CRESCENT: Plot and Title Map

7 LETTWELL CRESCENT sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 7 LETTWELL CRESCENT, 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 LETTWELL CRESCENT). 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 LETTWELL CRESCENT?

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