HALLSTEAD, WEST WAY, SKEGNESS, PE25 1DZ - £157,500

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.

HALLSTEAD is a large extended detached house of 121m², built sometime between 1900 and 1929, which could now be worth an estimated £237,338. It was last sold for £157,500 in February 2016, which was around 17% below the average February 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was E.

HALLSTEAD Sold Prices

Land registry data shows five sales for HALLSTEAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five HALLSTEAD 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
2016 26 FEB	£157,500	£189,960	17% below HPI
2007 9 FEB	£165,000	£183,541	10% below HPI
1999 15 OCT	£64,500	£68,759	6% below HPI
1998 4 SEP	£58,500	£66,334	12% below HPI
1997 21 MAY	£59,000	£60,282	2% below HPI

HALLSTEAD 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 five HALLSTEAD sales between May 1997 and February 2016 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 February 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might HALLSTEAD be worth now?

HALLSTEAD might now be worth an estimated £237,338.

This is based on house price inflation of 50.7%, between February 2016 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 50.7% inflationary increase is applied to the most recent sale price for HALLSTEAD of £157,500 on 26th February 2016. For the value to have increased from £157,500 to £237,338 over the nine years to February 2025, the following assumptions must hold true:

• The value of HALLSTEAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2016 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of HALLSTEAD has not materially changed since February 2016.

How Large is HALLSTEAD?

HALLSTEAD is 121m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 30% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where HALLSTEAD lies on this distribution: 71% of detached houses houses are smaller than HALLSTEAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Skegness.

HALLSTEAD: Plot and Title Map

HALLSTEAD sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of HALLSTEAD, 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 HALLSTEAD). 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 HALLSTEAD?

HALLSTEAD is located on WEST WAY in SKEGNESS, in the PE25 postcode district. The below map shows the position of HALLSTEAD on WEST WAY.