WEST RAY, SEA ROAD, ANDERBY, SKEGNESS, PE24 5YE - £325,000

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

WEST RAY is a midsized detached house of 138m², built sometime before 1900. It was last sold for £325,000 in January 2018, which was around 55% above the average January 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was E.

WEST RAY Sold Prices

Land registry data shows two sales for WEST RAY 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 WEST RAY 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
2018 12 JAN	£325,000	£209,687	55% above HPI
2016 29 JAN	£305,000	£189,015	61% above HPI

WEST RAY 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 WEST RAY sales from January 2016 and January 2018 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 January 2016 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the January 2018 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is WEST RAY?

WEST RAY is 138m² according to the EPC inspection conducted in May 2011. This puts it in the largest 50% of detached houses in Anderby, based on EPC data. The below chart shows the distribution of detached houses by size in Anderby, and where WEST RAY lies on this distribution: 55% of detached houses are smaller than WEST RAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Anderby.

WEST RAY: Plot and Title Map

WEST RAY sits on a plot of roughly 0.991 of an acre, or 4,011m². The below map shows the location of WEST RAY, 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 WEST RAY). 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 WEST RAY?

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