8, KEATON CLOSE, SKEGNESS, PE25 2LL - £125,000

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 KEATON CLOSE is a midsized detached house of 96m², built sometime from 2007 onwards, which could now be worth an estimated £212,556. It was last sold for £125,000 in November 2013, which was around 25% below the average November 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was B.

8 KEATON CLOSE Sold Prices

Land registry data shows two sales for 8 KEATON 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. One of the two 8 KEATON CLOSE sales was for below the average price, whilst the other was for above 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
2013 7 NOV	£125,000	£167,539	25% below HPI
2004 8 JUL	£165,000	£163,270	1% above HPI

8 KEATON 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 KEATON CLOSE sales from July 2004 and November 2013 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 July 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2013 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 8 KEATON CLOSE be worth now?

8 KEATON CLOSE might now be worth an estimated £212,556.

This is based on house price inflation of 70%, between November 2013 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 70% inflationary increase is applied to the most recent sale price for 8 KEATON CLOSE of £125,000 on 7th November 2013. For the value to have increased from £125,000 to £212,556 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 KEATON CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2013 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 8 KEATON CLOSE has not materially changed since November 2013.

How Large is 8 KEATON CLOSE?

8 KEATON CLOSE is 96m² according to the EPC inspection conducted in February 2009. This puts it in the largest 50% 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 KEATON CLOSE lies on this distribution: 52% of detached houses houses are smaller than 8 KEATON CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Skegness.

8 KEATON CLOSE: Plot and Title Map

8 KEATON CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 8 KEATON 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 KEATON 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 KEATON CLOSE?

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