8, THE HURST, SKEGNESS, PE25 1HP - £165,000

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 THE HURST is a large detached house of 114m², built sometime between 1983 and 1990. It was last sold for £165,000 in February 2015, which was around 6% below the average February 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

8 THE HURST Sold Prices

Land registry data shows three sales for 8 THE HURST 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. One of the three 8 THE HURST sales was for below the average price, whilst two 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
2015 12 FEB	£165,000	£175,265	6% below HPI
2005 25 FEB	£198,000	£166,953	19% above HPI
1995 28 JUL	£78,000	£55,050	42% above HPI

8 THE HURST 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 THE HURST sales between July 1995 and February 2015 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 February 2005 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 8 THE HURST be worth now?

8 THE HURST might now be worth an estimated £268,206.

This is based on house price inflation of 62.5%, between February 2015 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 62.5% inflationary increase is applied to the most recent sale price for 8 THE HURST of £165,000 on 12th February 2015. For the value to have increased from £165,000 to £268,206 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 8 THE HURST has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE HURST has not materially changed since February 2015.

How Large is 8 THE HURST?

8 THE HURST is 114m² according to the EPC inspection conducted in January 2015. This puts it in the largest 40% 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 THE HURST lies on this distribution: 65% of detached houses houses are smaller than 8 THE HURST, and 34% of houses are larger. Note that EPC data is not available for all properties in Skegness.

8 THE HURST: Plot and Title Map

8 THE HURST sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 8 THE HURST, 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 THE HURST). 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 THE HURST?

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