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

8 CORDEN CLOSE is a small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £158,500 in February 2020, which was around 25% 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	£212,241	25% below HPI
1996 18 APR	£45,000	£53,878	16% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

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 in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 8 CORDEN CLOSE lies on this distribution: 22% of detached 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.