THE WILLOWS, SEA ROAD, ANDERBY, SKEGNESS, PE24 5YB - £110,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE WILLOWS is a very small detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £186,732. It was last sold for £110,000 in October 2009, which was around 34% below the average October 2009 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

THE WILLOWS Sold Prices

Land registry data shows three sales for THE WILLOWS 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 THE WILLOWS 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
2009 6 OCT	£110,000	£167,824	34% below HPI
2007 19 JUN	£153,000	£190,278	20% below HPI
2000 18 MAY	£40,000	£73,116	45% below HPI

THE WILLOWS 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 THE WILLOWS sales between May 2000 and October 2009 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 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2009 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might THE WILLOWS be worth now?

THE WILLOWS might now be worth an estimated £186,732.

This is based on house price inflation of 69.8%, between October 2009 and December 2024, 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 69.8% inflationary increase is applied to the most recent sale price for THE WILLOWS of £110,000 on 6th October 2009. For the value to have increased from £110,000 to £186,732 over the fourteen years and ten months to December 2024, the following assumptions must hold true:

• The value of THE WILLOWS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2009 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of THE WILLOWS has not materially changed since October 2009.

How Large is THE WILLOWS?

THE WILLOWS is 67m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Anderby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Anderby, and where THE WILLOWS lies on this distribution: 6% of detached houses houses are smaller than THE WILLOWS, and 94% of houses are larger. Note that EPC data is not available for all properties in Anderby.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 1.4 acres, or 5,612m². The below map shows the location of THE WILLOWS, 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 THE WILLOWS). 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 THE WILLOWS?

THE WILLOWS is located on SEA ROAD in ANDERBY, in the PE24 postcode district. The below map shows the position of THE WILLOWS on SEA ROAD.