7A, SEA VIEW ROAD, SKEGNESS, PE25 1BP - £200,000

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

7A SEA VIEW ROAD is a very small flat of 67m², built sometime between 1930 and 1949. It was last sold for £200,000 in July 2023, which was around 27% below the average July 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

7A SEA VIEW ROAD Sold Prices

Land registry data shows three sales for 7A SEA VIEW 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 7A SEA VIEW 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 20 JUL	£200,000	£275,032	27% below HPI
2014 13 JUN	£80,000	£174,182	54% below HPI
2008 8 FEB	£73,000	£178,420	59% below HPI

7A SEA VIEW 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 7A SEA VIEW ROAD sales between February 2008 and July 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 June 2014 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the July 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7A SEA VIEW ROAD?

7A SEA VIEW ROAD is 67m² according to the EPC inspection conducted in September 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 7A SEA VIEW ROAD lies on this distribution: 15% of detached houses are smaller than 7A SEA VIEW ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Skegness.

7A SEA VIEW ROAD: Plot and Title Map

7A SEA VIEW ROAD sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 7A SEA VIEW 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 7A SEA VIEW 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 7A SEA VIEW ROAD?

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