SANDYGATE, MILL LANE, HOGSTHORPE, SKEGNESS, PE24 5NP - £290,000

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.

SANDYGATE is a very large detached house of 149m², built sometime between 1950 and 1966, which could now be worth an estimated £295,510. It was last sold for £290,000 in April 2023, which was around 3% above the average April 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2022, where the current energy rating was F, and the potential energy rating was E.

SANDYGATE Sold Prices

Land registry data shows six sales for SANDYGATE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The six SANDYGATE sales were a mix of above the average price, roughly equal to the average price, and 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
2023 6 APR	£290,000	£280,915	3% above HPI
2021 21 MAY	£230,000	£238,707	4% below HPI
2017 4 AUG	£215,000	£214,322	Close to HPI
2016 15 JAN	£200,000	£191,769	4% above HPI
2005 28 OCT	£141,000	£178,664	21% below HPI
1999 22 MAR	£41,000	£66,152	38% below HPI

SANDYGATE 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 six SANDYGATE sales between March 1999 and April 2023 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 May 2021 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might SANDYGATE be worth now?

SANDYGATE might now be worth an estimated £295,510.

This is based on house price inflation of 1.9%, between April 2023 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 1.9% inflationary increase is applied to the most recent sale price for SANDYGATE of £290,000 on 6th April 2023. For the value to have increased from £290,000 to £295,510 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of SANDYGATE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2023 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of SANDYGATE has not materially changed since April 2023.

How Large is SANDYGATE?

SANDYGATE is 149m² according to the EPC inspection conducted in November 2022. This puts it in the largest 10% of detached houses houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hogsthorpe, and where SANDYGATE lies on this distribution: 90% of detached houses houses are smaller than SANDYGATE, and 10% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

SANDYGATE: Plot and Title Map

SANDYGATE sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of SANDYGATE, 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 SANDYGATE). 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 SANDYGATE?

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