8, MULBERRY WAY, SKEGNESS, PE25 1GD - £316,000

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 MULBERRY WAY is a large detached house of 120m², built sometime between 2003 and 2006. It was last sold for £316,000 in July 2023, which was around 15% above the average July 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

8 MULBERRY WAY Sold Prices

Land registry data shows four sales for 8 MULBERRY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The four 8 MULBERRY WAY sales were a mix of above the average price, and roughly equal to 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 13 JUL	£316,000	£275,032	15% above HPI
2016 22 SEP	£192,000	£191,934	Close to HPI
2014 24 JUN	£182,000	£174,182	4% above HPI
2006 22 MAR	£180,000	£168,359	7% above HPI

8 MULBERRY WAY 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 four 8 MULBERRY WAY sales between March 2006 and July 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 September 2016 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 8 MULBERRY WAY?

8 MULBERRY WAY is 120m² according to the EPC inspection conducted in December 2015. This puts it in the largest 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 MULBERRY WAY lies on this distribution: 70% of detached houses are smaller than 8 MULBERRY WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Skegness.

8 MULBERRY WAY: Plot and Title Map

8 MULBERRY WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 8 MULBERRY WAY, 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 MULBERRY WAY). 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 MULBERRY WAY?

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