79, PARK AVENUE, SKEGNESS, PE25 1BL - £178,500

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

79 PARK AVENUE is a very large extended detached house of 149m², built sometime between 1930 and 1949. It was last sold for £178,500 in December 2015, which was around 6% below the average December 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

79 PARK AVENUE Sold Prices

Land registry data shows three sales for 79 PARK AVENUE 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 79 PARK AVENUE 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
2015 9 DEC	£178,500	£189,181	6% below HPI
2004 19 JUL	£168,000	£160,925	4% above HPI
1999 15 JAN	£62,000	£67,519	8% below HPI

79 PARK 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 three 79 PARK AVENUE sales between January 1999 and December 2015 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 July 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 79 PARK AVENUE?

79 PARK AVENUE is 149m², which includes one extension, according to the EPC inspection conducted in March 2022. 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 79 PARK AVENUE lies on this distribution: 86% of detached houses are smaller than 79 PARK AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Skegness.

79 PARK AVENUE: Plot and Title Map

79 PARK AVENUE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 79 PARK 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 79 PARK 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 79 PARK AVENUE?

79 PARK AVENUE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 79 on PARK AVENUE.