SANDOWN, 26, PARK AVENUE, SKEGNESS, PE25 2TF - £146,000

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

SANDOWN is a very large extended detached house of 223m², built sometime between 1900 and 1929. It was last sold for £146,000 in May 2011, which was around 12% below the average May 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was D.

SANDOWN Sold Prices

Land registry data shows three sales for SANDOWN 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 SANDOWN 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
2011 27 MAY	£146,000	£165,374	12% below HPI
2010 12 AUG	£115,000	£170,916	33% below HPI
1995 31 MAY	£70,500	£54,972	28% above HPI

SANDOWN 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 SANDOWN sales between May 1995 and May 2011 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 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2011 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is SANDOWN?

SANDOWN is 223m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 10% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where SANDOWN lies on this distribution: 97% of detached houses are smaller than SANDOWN, and 3% of houses are larger. Note that EPC data is not available for all properties in Skegness.

SANDOWN: Plot and Title Map

SANDOWN sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of SANDOWN, 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 SANDOWN). 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 SANDOWN?

SANDOWN is located on PARK AVENUE in SKEGNESS, in the PE25 postcode district. The below map shows the position of SANDOWN on PARK AVENUE.