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

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

SANDYGATE is a very large detached house of 149m², built sometime between 1950 and 1966. It was last sold for £290,000 in April 2023, which was around 5% 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. three of the six SANDYGATE sales were for above the average price, and six 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
2023 6 APR	£290,000	£276,881	5% above HPI
2021 21 MAY	£230,000	£235,278	2% below HPI
2017 4 AUG	£215,000	£211,244	2% above HPI
2016 15 JAN	£200,000	£189,015	6% above HPI
2005 28 OCT	£141,000	£176,098	20% below HPI
1999 22 MAR	£41,000	£65,202	37% 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2023 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

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 in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Hogsthorpe, and where SANDYGATE lies on this distribution: 91% of detached houses are smaller than SANDYGATE, and 9% 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.