8, LAWN AVENUE, SKEGNESS, PE25 3QD - £125,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 LAWN AVENUE is a midsized extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £125,000 in October 2004, which was around 25% below the average October 2004 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2024, where the current energy rating was E, and the potential energy rating was C.

8 LAWN AVENUE Sold Prices

Land registry data shows three sales for 8 LAWN AVENUE since 1^st 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. All of the three 8 LAWN AVENUE 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
2004 15 OCT	£125,000	£167,136	25% below HPI
2001 19 OCT	£76,000	£88,982	15% below HPI
1998 21 SEP	£28,100	£65,381	57% below HPI

8 LAWN AVENUE 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 three 8 LAWN AVENUE sales between September 1998 and October 2004 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 October 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2004 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 LAWN AVENUE?

8 LAWN AVENUE is 94m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 50% 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 LAWN AVENUE lies on this distribution: 49% of detached houses are smaller than 8 LAWN AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Skegness.

8 LAWN AVENUE: Plot and Title Map

8 LAWN AVENUE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 8 LAWN AVENUE, 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 LAWN AVENUE). 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 LAWN AVENUE?

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