SALTBURN, MILL LANE, HOGSTHORPE, SKEGNESS, PE24 5NN - £130,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SALTBURN is a very small extended detached house of 56m², built sometime between 1930 and 1949. It was last sold for £130,000 in December 2007, which was around 31% below the average December 2007 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was A.

SALTBURN Sold Prices

Land registry data shows two sales for SALTBURN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two SALTBURN 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
2007 14 DEC	£130,000	£187,355	31% below HPI
2003 8 APR	£65,000	£123,486	47% below HPI

SALTBURN 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 two SALTBURN sales from April 2003 and December 2007 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 2003 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2007 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is SALTBURN?

SALTBURN is 56m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Hogsthorpe, and where SALTBURN lies on this distribution: 8% of detached houses are smaller than SALTBURN, and 91% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

SALTBURN: Plot and Title Map

SALTBURN sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of SALTBURN, 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 SALTBURN). 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 SALTBURN?

SALTBURN is located on MILL LANE in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of SALTBURN on MILL LANE.