FAIRVIEW, CHURCH LANE, CROFT, SKEGNESS, PE24 4RS - £169,500

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

FAIRVIEW is a large extended detached house of 107m², built sometime before 1900. It was last sold for £169,500 in August 2014, which was around 3% below the average August 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

FAIRVIEW Sold Prices

Land registry data shows three sales for FAIRVIEW 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. Two of the three FAIRVIEW sales were for below the average price, whilst one was for above 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 6 AUG	£169,500	£174,797	3% below HPI
2003 12 AUG	£156,500	£135,527	15% above HPI
1997 16 JUN	£24,500	£60,100	59% below HPI

FAIRVIEW 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 FAIRVIEW sales between June 1997 and August 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 August 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2014 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is FAIRVIEW?

FAIRVIEW is 107m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 40% of detached houses in Croft, based on EPC data. The below chart shows the distribution of detached houses by size in Croft, and where FAIRVIEW lies on this distribution: 62% of detached houses are smaller than FAIRVIEW, and 38% of houses are larger. Note that EPC data is not available for all properties in Croft.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.162 of an acre, or 657m². The below map shows the location of FAIRVIEW, 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 FAIRVIEW). 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 FAIRVIEW?

FAIRVIEW is located on CHURCH LANE in CROFT, in the PE24 postcode district. The below map shows the position of FAIRVIEW on CHURCH LANE.