BRANDON, THAMES STREET, HOGSTHORPE, SKEGNESS, PE24 5QA - £120,000

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

BRANDON is a small detached house of 72m², built sometime between 1983 and 1990. It was last sold for £120,000 in December 2014, which was around 32% below the average December 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

BRANDON Sold Prices

Land registry data shows three sales for BRANDON 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 BRANDON 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
2014 5 DEC	£120,000	£176,376	32% below HPI
1999 27 OCT	£52,950	£67,772	22% below HPI
1998 24 SEP	£45,000	£65,381	31% below HPI

BRANDON 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 BRANDON sales between September 1998 and December 2014 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 October 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is BRANDON?

BRANDON is 72m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Hogsthorpe, and where BRANDON lies on this distribution: 34% of detached houses are smaller than BRANDON, and 64% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

BRANDON: Plot and Title Map

BRANDON sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of BRANDON, 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 BRANDON). 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 BRANDON?

BRANDON is located on THAMES STREET in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of BRANDON on THAMES STREET.