8, ROYAL ARTHUR CLOSE, SKEGNESS, PE25 3PD - £55,000

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 ROYAL ARTHUR CLOSE is a small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £55,000 in December 1999, which was around 23% below the average December 1999 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

8 ROYAL ARTHUR CLOSE Sold Prices

Land registry data shows three sales for 8 ROYAL ARTHUR CLOSE 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 ROYAL ARTHUR 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
1999 17 DEC	£55,000	£71,069	23% below HPI
1997 5 SEP	£51,000	£62,540	18% below HPI
1997 8 JUL	£51,375	£60,466	15% below HPI

8 ROYAL ARTHUR 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 three 8 ROYAL ARTHUR CLOSE sales between July 1997 and December 1999 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 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 1999 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 ROYAL ARTHUR CLOSE?

8 ROYAL ARTHUR CLOSE is 74m² according to the EPC inspection conducted in September 2014. 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 ROYAL ARTHUR CLOSE lies on this distribution: 24% of detached houses are smaller than 8 ROYAL ARTHUR CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Skegness.

8 ROYAL ARTHUR CLOSE: Plot and Title Map

8 ROYAL ARTHUR CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 8 ROYAL ARTHUR 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 ROYAL ARTHUR 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 ROYAL ARTHUR CLOSE?

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