HOMEMEAD, THAMES STREET, HOGSTHORPE, SKEGNESS, PE24 5PR - £292,000

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

HOMEMEAD is a very large extended detached house of 146m², built sometime before 1900. It was last sold for £292,000 in September 2021, which was around 19% above the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was E.

HOMEMEAD Sold Prices

Land registry data shows three sales for HOMEMEAD 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 HOMEMEAD sales were 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
2021 21 SEP	£292,000	£245,698	19% above HPI
2010 8 APR	£210,000	£172,436	22% above HPI
2005 16 NOV	£207,500	£175,325	18% above HPI

HOMEMEAD 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 HOMEMEAD sales between November 2005 and September 2021 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 April 2010 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2021 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is HOMEMEAD?

HOMEMEAD is 146m², which includes two extensions, according to the EPC inspection conducted in June 2009. This puts it in the largest 20% of detached houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Hogsthorpe, and where HOMEMEAD lies on this distribution: 90% of detached houses are smaller than HOMEMEAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

HOMEMEAD: Plot and Title Map

HOMEMEAD sits on a plot of roughly 0.374 of an acre, or 1,514m². The below map shows the location of HOMEMEAD, 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 HOMEMEAD). 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 HOMEMEAD?

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