SUNDIAL FARM, WARTH LANE, SKEGNESS, PE25 2JT - £195,000

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.

SUNDIAL FARM is a midsized extended detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £236,043. It was last sold for £195,000 in December 2020, which was around 18% below the average December 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2020, where the current energy rating was F, and the potential energy rating was D.

SUNDIAL FARM Sold Prices

Land registry data shows two sales for SUNDIAL FARM 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 SUNDIAL FARM 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 10 DEC	£195,000	£236,479	18% below HPI
2010 23 JUL	£85,000	£170,651	50% below HPI

SUNDIAL FARM 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 SUNDIAL FARM sales from July 2010 and December 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 July 2010 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might SUNDIAL FARM be worth now?

SUNDIAL FARM might now be worth an estimated £236,043.

This is based on house price inflation of 21%, between December 2020 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 21% inflationary increase is applied to the most recent sale price for SUNDIAL FARM of £195,000 on 10th December 2020. For the value to have increased from £195,000 to £236,043 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of SUNDIAL FARM has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of SUNDIAL FARM has not materially changed since December 2020.

How Large is SUNDIAL FARM?

SUNDIAL FARM is 91m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where SUNDIAL FARM lies on this distribution: 47% of detached houses houses are smaller than SUNDIAL FARM, and 53% of houses are larger. Note that EPC data is not available for all properties in Skegness.

SUNDIAL FARM: Plot and Title Map

SUNDIAL FARM sits on a plot of roughly 0.245 of an acre, or 990m². The below map shows the location of SUNDIAL FARM, 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 SUNDIAL FARM). 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 SUNDIAL FARM?

SUNDIAL FARM is located on WARTH LANE in SKEGNESS, in the PE25 postcode district. The below map shows the position of SUNDIAL FARM on WARTH LANE.