SWALLOW HOUSE, THE DRIVE, SKEGNESS, PE25 1RF - £265,000

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

SWALLOW HOUSE is a large extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £265,000 in May 2022, which was around 2% below the average May 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

SWALLOW HOUSE Sold Prices

Land registry data shows three sales for SWALLOW HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three SWALLOW 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
2022 18 MAY	£265,000	£269,782	2% below HPI
2013 21 AUG	£112,000	£165,486	32% below HPI
2010 12 OCT	£106,000	£169,681	38% below HPI

SWALLOW 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 three SWALLOW HOUSE sales between October 2010 and May 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 August 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is SWALLOW HOUSE?

SWALLOW HOUSE is 116m², which includes two extensions, according to the EPC inspection conducted in November 2019. 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 SWALLOW HOUSE lies on this distribution: 67% of detached houses are smaller than SWALLOW HOUSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Skegness.

SWALLOW HOUSE: Plot and Title Map

SWALLOW HOUSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of SWALLOW 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 SWALLOW 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 SWALLOW HOUSE?

SWALLOW HOUSE is located on THE DRIVE in SKEGNESS, in the PE25 postcode district. The below map shows the position of SWALLOW HOUSE on THE DRIVE.