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

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 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 13% 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. Most of the four 8 MULBERRY WAY sales were 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
2023 13 JUL	£316,000	£279,040	13% above HPI
2016 22 SEP	£192,000	£194,731	1% below HPI
2014 24 JUN	£182,000	£176,720	3% above HPI
2006 22 MAR	£180,000	£170,812	5% 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 was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 8 MULBERRY WAY be worth now?

8 MULBERRY WAY might now be worth an estimated £322,627.

This is based on house price inflation of 2.1%, between July 2023 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 2.1% inflationary increase is applied to the most recent sale price for 8 MULBERRY WAY of £316,000 on 13th July 2023. For the value to have increased from £316,000 to £322,627 over the seven months to December 2024, the following assumptions must hold true:

• The value of 8 MULBERRY WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2023 sale price of £316,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MULBERRY WAY has not materially changed since July 2023.

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 houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 8 MULBERRY WAY lies on this distribution: 69% of detached houses 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.