SEA BREEZE, DRUMMOND ROAD, SKEGNESS, PE25 3BB - £330,000

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

SEA BREEZE is a large detached house of 107m², built sometime between 1950 and 1966. It was last sold for £330,000 in December 2022, which was around 16% above the average December 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.

SEA BREEZE Sold Prices

Land registry data shows two sales for SEA BREEZE 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 SEA BREEZE sales were 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
2022 2 DEC	£330,000	£284,149	16% above HPI
2002 28 JUN	£168,400	£99,395	69% above HPI

SEA BREEZE 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 SEA BREEZE sales from June 2002 and December 2022 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 June 2002 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the December 2022 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is SEA BREEZE?

SEA BREEZE is 107m² according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where SEA BREEZE lies on this distribution: 61% of detached houses are smaller than SEA BREEZE, and 39% of houses are larger. Note that EPC data is not available for all properties in Skegness.

SEA BREEZE: Plot and Title Map

SEA BREEZE sits on a plot of roughly 0.211 of an acre, or 855m². The below map shows the location of SEA BREEZE, 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 SEA BREEZE). 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 SEA BREEZE?

SEA BREEZE is located on DRUMMOND ROAD in SKEGNESS, in the PE25 postcode district. The below map shows the position of SEA BREEZE on DRUMMOND ROAD.