7, LIFEBOAT AVENUE, SKEGNESS, PE25 3EW - £208,000

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 LIFEBOAT AVENUE is a very large extended detached house of 150m², built sometime before 1900. It was last sold for £208,000 in August 2009, which was around 26% above the average August 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.

7 LIFEBOAT AVENUE Sold Prices

Land registry data shows four sales for 7 LIFEBOAT AVENUE 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 7 LIFEBOAT AVENUE sales were 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
2009 3 AUG	£208,000	£165,469	26% above HPI
2004 18 AUG	£195,000	£161,119	21% above HPI
2003 12 NOV	£175,000	£139,417	26% above HPI
1998 21 OCT	£83,000	£64,551	29% above HPI

7 LIFEBOAT 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 four 7 LIFEBOAT AVENUE sales between October 1998 and August 2009 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 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2009 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 7 LIFEBOAT AVENUE?

7 LIFEBOAT AVENUE is 150m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 20% 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 LIFEBOAT AVENUE lies on this distribution: 86% of detached houses are smaller than 7 LIFEBOAT AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Skegness.

7 LIFEBOAT AVENUE: Plot and Title Map

7 LIFEBOAT AVENUE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 7 LIFEBOAT 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 7 LIFEBOAT 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 7 LIFEBOAT AVENUE?

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