9, PRECINCT CRESCENT, SKEGNESS, PE25 3AL - £195,000

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

9 PRECINCT CRESCENT is a small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £285,286. It was last sold for £195,000 in September 2016, which was about the average September 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

9 PRECINCT CRESCENT Sold Prices

Land registry data shows three sales for 9 PRECINCT CRESCENT 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. The three 9 PRECINCT CRESCENT sales were a mix of roughly equal to the average price, and 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
2016 20 SEP	£195,000	£194,731	Close to HPI
2010 1 APR	£155,000	£174,948	11% below HPI
2001 25 SEP	£83,500	£86,480	3% below HPI

9 PRECINCT CRESCENT 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 PRECINCT CRESCENT sales between September 2001 and September 2016 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 April 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 9 PRECINCT CRESCENT be worth now?

9 PRECINCT CRESCENT might now be worth an estimated £285,286.

This is based on house price inflation of 46.3%, between September 2016 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 46.3% inflationary increase is applied to the most recent sale price for 9 PRECINCT CRESCENT of £195,000 on 20th September 2016. For the value to have increased from £195,000 to £285,286 over the seven years and nine months to December 2024, the following assumptions must hold true:

• The value of 9 PRECINCT CRESCENT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PRECINCT CRESCENT has not materially changed since September 2016.

How Large is 9 PRECINCT CRESCENT?

9 PRECINCT CRESCENT is 83m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 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 9 PRECINCT CRESCENT lies on this distribution: 38% of detached houses houses are smaller than 9 PRECINCT CRESCENT, and 62% of houses are larger. Note that EPC data is not available for all properties in Skegness.

9 PRECINCT CRESCENT: Plot and Title Map

9 PRECINCT CRESCENT sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 9 PRECINCT CRESCENT, 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 PRECINCT CRESCENT). 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 PRECINCT CRESCENT?

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