7, YARBOROUGH ROAD, SKEGNESS, PE25 2NX - £204,000

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

7 YARBOROUGH ROAD is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £204,000 in September 2023, which was around 28% below the average September 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2022, where the current energy rating was B, and the potential energy rating was A.

7 YARBOROUGH ROAD Sold Prices

Land registry data shows three sales for 7 YARBOROUGH ROAD 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. All of the three 7 YARBOROUGH ROAD 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
2023 1 SEP	£204,000	£282,975	28% below HPI
2010 4 OCT	£112,000	£169,681	34% below HPI
2003 1 AUG	£95,000	£135,527	30% below HPI

7 YARBOROUGH ROAD 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 YARBOROUGH ROAD sales between August 2003 and September 2023 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 October 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 YARBOROUGH ROAD?

7 YARBOROUGH ROAD is 64m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 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 YARBOROUGH ROAD lies on this distribution: 10% of detached houses are smaller than 7 YARBOROUGH ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Skegness.

7 YARBOROUGH ROAD: Plot and Title Map

7 YARBOROUGH ROAD sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 7 YARBOROUGH ROAD, 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 YARBOROUGH ROAD). 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 YARBOROUGH ROAD?

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