9, NORWOOD ROAD, SKEGNESS, PE25 3AD - £217,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 NORWOOD ROAD is a very small detached house of 63m², built sometime between 1930 and 1949, which could now be worth an estimated £238,474. It was last sold for £217,500 in November 2021, which was around 17% below the average November 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

9 NORWOOD ROAD Sold Prices

Land registry data shows three sales for 9 NORWOOD ROAD 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 9 NORWOOD ROAD 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
2021 29 NOV	£217,500	£261,076	17% below HPI
2018 12 JAN	£175,900	£212,742	17% below HPI
2007 9 MAR	£148,000	£185,683	20% below HPI

9 NORWOOD ROAD 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 9 NORWOOD ROAD sales between March 2007 and November 2021 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 January 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2021 sale, which was also at 17% below the HPI.

What might 9 NORWOOD ROAD be worth now?

9 NORWOOD ROAD might now be worth an estimated £238,474.

This is based on house price inflation of 9.6%, between November 2021 and February 2025, 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 9.6% inflationary increase is applied to the most recent sale price for 9 NORWOOD ROAD of £217,500 on 29th November 2021. For the value to have increased from £217,500 to £238,474 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 NORWOOD ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2021 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 9 NORWOOD ROAD has not materially changed since November 2021.

How Large is 9 NORWOOD ROAD?

9 NORWOOD ROAD is 63m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% 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 9 NORWOOD ROAD lies on this distribution: 9% of detached houses houses are smaller than 9 NORWOOD ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Skegness.

9 NORWOOD ROAD: Plot and Title Map

9 NORWOOD ROAD sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 9 NORWOOD ROAD, 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 9 NORWOOD ROAD). 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 9 NORWOOD ROAD?

9 NORWOOD ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 9 on NORWOOD ROAD.