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

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

7 LETTWELL CRESCENT is a large detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £320,483. 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	£266,684	12% above HPI
2017 10 NOV	£162,500	£210,451	23% below HPI
2004 9 JUL	£100,000	£163,270	39% below HPI
1995 21 FEB	£52,000	£59,921	13% 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 23% below the HPI. So the extrapolation line tracks at 23% 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.

What might 7 LETTWELL CRESCENT be worth now?

7 LETTWELL CRESCENT might now be worth an estimated £320,483.

This is based on house price inflation of 6.8%, between July 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 6.8% inflationary increase is applied to the most recent sale price for 7 LETTWELL CRESCENT of £300,000 on 10th July 2024. For the value to have increased from £300,000 to £320,483 over the seven months to December 2024, the following assumptions must hold true:

• The value of 7 LETTWELL CRESCENT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LETTWELL CRESCENT has not materially changed since July 2024.

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 houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 7 LETTWELL CRESCENT lies on this distribution: 63% of detached houses 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.