SATIS HOUSE, THAMES STREET, HOGSTHORPE, SKEGNESS, PE24 5PR - £183,000

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

SATIS HOUSE is a very large extended detached house of 129m², built sometime before 1900. It was last sold for £183,000 in March 2020, which was around 14% below the average March 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2013, where the current energy rating was G, and the potential energy rating was D.

SATIS HOUSE Sold Prices

Land registry data shows five sales for SATIS HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five SATIS HOUSE 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
2020 31 MAR	£183,000	£214,010	14% below HPI
2019 11 JAN	£172,000	£223,095	23% below HPI
2018 22 MAY	£155,000	£209,025	26% below HPI
2017 11 JUL	£195,000	£206,507	6% below HPI
2014 13 AUG	£169,950	£174,797	3% below HPI

SATIS HOUSE 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 five SATIS HOUSE sales between August 2014 and March 2020 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 January 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is SATIS HOUSE?

SATIS HOUSE is 129m², which includes one extension, according to the EPC inspection conducted in July 2013. 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 SATIS HOUSE lies on this distribution: 82% of detached houses are smaller than SATIS HOUSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

SATIS HOUSE: Plot and Title Map

SATIS HOUSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of SATIS HOUSE, 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 SATIS HOUSE). 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 SATIS HOUSE?

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