9, STONES CLOSE, HOGSTHORPE, SKEGNESS, PE24 5NZ - £148,500

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 STONES CLOSE is a small detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £178,078. It was last sold for £148,500 in May 2021, which was around 38% below the average May 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was B.

9 STONES CLOSE Sold Prices

Land registry data shows three sales for 9 STONES 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 9 STONES 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
2021 7 MAY	£148,500	£238,707	38% below HPI
2006 21 JUL	£115,000	£183,520	37% below HPI
1998 27 MAR	£47,000	£62,125	24% below HPI

9 STONES 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 9 STONES CLOSE sales between March 1998 and May 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 July 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 9 STONES CLOSE be worth now?

9 STONES CLOSE might now be worth an estimated £178,078.

This is based on house price inflation of 19.9%, between May 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 19.9% inflationary increase is applied to the most recent sale price for 9 STONES CLOSE of £148,500 on 7th May 2021. For the value to have increased from £148,500 to £178,078 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 9 STONES CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2021 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 9 STONES CLOSE has not materially changed since May 2021.

How Large is 9 STONES CLOSE?

9 STONES CLOSE is 72m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of detached houses houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hogsthorpe, and where 9 STONES CLOSE lies on this distribution: 33% of detached houses houses are smaller than 9 STONES CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

9 STONES CLOSE: Plot and Title Map

9 STONES CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 9 STONES 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 9 STONES 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 9 STONES CLOSE?

9 STONES CLOSE is located in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of No. 9 on STONES CLOSE.