THORNTON, GUNBY ROAD, ORBY, SKEGNESS, PE24 5HT - £129,950

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

THORNTON is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £129,950 in December 2012, which was around 18% below the average December 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

THORNTON Sold Prices

Land registry data shows three sales for THORNTON 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 THORNTON 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
2012 12 DEC	£129,950	£157,864	18% below HPI
2009 24 JUN	£143,500	£161,919	11% below HPI
2006 4 SEP	£149,950	£176,340	15% below HPI

THORNTON 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 THORNTON sales between September 2006 and December 2012 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 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2012 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THORNTON?

THORNTON is 77m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses in Orby, based on EPC data. The below chart shows the distribution of detached houses by size in Orby, and where THORNTON lies on this distribution: 19% of detached houses are smaller than THORNTON, and 81% of houses are larger. Note that EPC data is not available for all properties in Orby.

THORNTON: Plot and Title Map

THORNTON sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of THORNTON, 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 THORNTON). 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 THORNTON?

THORNTON is located on GUNBY ROAD in ORBY, in the PE24 postcode district. The below map shows the position of THORNTON on GUNBY ROAD.