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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7A SEA VIEW ROAD is a very small flat of 67m², built sometime between 1930 and 1949, which could now be worth an estimated £202,546. It was last sold for £200,000 in July 2023, which was around 101% above the average July 2023 flat 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 flat price in the East Lindsey local authority area for the corresponding sale date. Two of the three 7A SEA VIEW ROAD sales were for above the average price, whilst one was 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	£99,434	101% above HPI
2014 13 JUN	£80,000	£69,028	16% above HPI
2008 8 FEB	£73,000	£80,980	10% below HPI

7A SEA VIEW ROAD Price Paid vs. HPI Average

The below graph shows the average flat 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 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2023 sale, where it rises to 101% above the HPI. The line then continues to track at 101% above the HPI.

What might 7A SEA VIEW ROAD be worth now?

7A SEA VIEW ROAD might now be worth an estimated £202,546.

This is based on house price inflation of 1.3%, between July 2023 and February 2025, for flats, 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 1.3% inflationary increase is applied to the most recent sale price for 7A SEA VIEW ROAD of £200,000 on 20th July 2023. For the value to have increased from £200,000 to £202,546 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 7A SEA VIEW ROAD has moved in line with the HPI for flats in the East Lindsey local authority area.
• The July 2023 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 7A SEA VIEW ROAD has not materially changed since July 2023.

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 flats houses in Skegness, based on EPC data. The below chart shows the distribution of flats houses by size in Skegness, and where 7A SEA VIEW ROAD lies on this distribution: 15% of flats 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.