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

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.

BRANDON is a small detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £191,959. It was last sold for £120,000 in December 2014, which was around 33% 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	£178,946	33% below HPI
1999 27 OCT	£52,950	£68,759	23% below HPI
1998 24 SEP	£45,000	£66,334	32% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might BRANDON be worth now?

BRANDON might now be worth an estimated £191,959.

This is based on house price inflation of 60%, between December 2014 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 60% inflationary increase is applied to the most recent sale price for BRANDON of £120,000 on 5th December 2014. For the value to have increased from £120,000 to £191,959 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of BRANDON has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2014 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of BRANDON has not materially changed since December 2014.

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 houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hogsthorpe, and where BRANDON lies on this distribution: 33% of detached houses houses are smaller than BRANDON, and 66% 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.