95, RICHMOND DRIVE, SKEGNESS, PE25 3SG - £227,500

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

95 RICHMOND DRIVE is a small extended detached house of 80m², built sometime between 1991 and 1995. It was last sold for £227,500 in June 2021, which was around 5% below the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

95 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 95 RICHMOND DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 95 RICHMOND DRIVE 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 JUN	£227,500	£238,466	5% below HPI
2007 23 JUL	£145,000	£190,636	24% below HPI

95 RICHMOND DRIVE 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 two 95 RICHMOND DRIVE sales from July 2007 and June 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 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2021 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 95 RICHMOND DRIVE?

95 RICHMOND DRIVE is 80m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 95 RICHMOND DRIVE lies on this distribution: 33% of detached houses are smaller than 95 RICHMOND DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Skegness.

95 RICHMOND DRIVE: Plot and Title Map

95 RICHMOND DRIVE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 95 RICHMOND DRIVE, 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 95 RICHMOND DRIVE). 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 95 RICHMOND DRIVE?

95 RICHMOND DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 95 on RICHMOND DRIVE.