8, CORDEN CLOSE, SKEGNESS, PE25 3QF - £158,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 CORDEN CLOSE is a small detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £209,700. It was last sold for £158,500 in February 2020, which was around 26% below the average February 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

8 CORDEN CLOSE Sold Prices

Land registry data shows two sales for 8 CORDEN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 8 CORDEN CLOSE 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
2020 21 FEB	£158,500	£215,333	26% below HPI
1996 18 APR	£45,000	£54,663	18% below HPI

8 CORDEN CLOSE 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 two 8 CORDEN CLOSE sales from April 1996 and February 2020 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 April 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 8 CORDEN CLOSE be worth now?

8 CORDEN CLOSE might now be worth an estimated £209,700.

This is based on house price inflation of 32.3%, between February 2020 and December 2024, for detached houses, 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 32.3% inflationary increase is applied to the most recent sale price for 8 CORDEN CLOSE of £158,500 on 21st February 2020. For the value to have increased from £158,500 to £209,700 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 8 CORDEN CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2020 sale price of £158,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CORDEN CLOSE has not materially changed since February 2020.

How Large is 8 CORDEN CLOSE?

8 CORDEN CLOSE is 73m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 8 CORDEN CLOSE lies on this distribution: 22% of detached houses houses are smaller than 8 CORDEN CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Skegness.

8 CORDEN CLOSE: Plot and Title Map

8 CORDEN CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 8 CORDEN CLOSE, 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 CORDEN CLOSE). 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 8 CORDEN CLOSE?

8 CORDEN CLOSE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 8 on CORDEN CLOSE.