CRESTOVA, WEST END, HOGSTHORPE, SKEGNESS, PE24 5PA - £249,950

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.

CRESTOVA is a midsized detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £302,558. It was last sold for £249,950 in December 2020, which was around 6% above the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

CRESTOVA Sold Prices

Land registry data shows four sales for CRESTOVA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four CRESTOVA 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
2020 8 DEC	£249,950	£236,479	6% above HPI
2018 1 JUN	£190,000	£213,690	11% below HPI
2015 15 MAY	£145,000	£182,582	21% below HPI
1999 15 FEB	£57,000	£65,212	13% below HPI

CRESTOVA 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 four CRESTOVA sales between February 1999 and December 2020 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 June 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2020 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might CRESTOVA be worth now?

CRESTOVA might now be worth an estimated £302,558.

This is based on house price inflation of 21%, between December 2020 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 21% inflationary increase is applied to the most recent sale price for CRESTOVA of £249,950 on 8th December 2020. For the value to have increased from £249,950 to £302,558 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of CRESTOVA has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2020 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of CRESTOVA has not materially changed since December 2020.

How Large is CRESTOVA?

CRESTOVA is 83m² according to the EPC inspection conducted in March 2018. This puts it in the largest 50% 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 CRESTOVA lies on this distribution: 56% of detached houses houses are smaller than CRESTOVA, and 44% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

CRESTOVA: Plot and Title Map

CRESTOVA sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of CRESTOVA, 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 CRESTOVA). 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 CRESTOVA?

CRESTOVA is located on WEST END in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of CRESTOVA on WEST END.