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
8 ARCADIA CRESCENT is a very large detached house of 152m², built sometime between 1930 and 1949. It was last sold for £375,000 in January 2023, which was around 31% above the average January 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 8 ARCADIA CRESCENT since 1st 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 8 ARCADIA CRESCENT 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 25 JAN | £375,000 | £286,087 | 31% above HPI |
2021 3 MAR | £283,000 | £233,062 | 21% above HPI |
2007 19 DEC | £170,000 | £187,355 | 9% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 8 ARCADIA CRESCENT sales between December 2007 and January 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 March 2021 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the January 2023 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.
8 ARCADIA CRESCENT is 152m² according to the EPC inspection conducted in November 2020. 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 8 ARCADIA CRESCENT lies on this distribution: 87% of detached houses are smaller than 8 ARCADIA CRESCENT, and 13% of houses are larger. Note that EPC data is not available for all properties in Skegness.
8 ARCADIA CRESCENT sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 8 ARCADIA CRESCENT, 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 8 ARCADIA CRESCENT). 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.
8 ARCADIA CRESCENT is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 8 on ARCADIA CRESCENT.