1, CORINNE CRESCENT, SKEGNESS, PE25 2BW - £189,000

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.

1 CORINNE CRESCENT is a very large extended detached house of 139m², built sometime between 1950 and 1966, which could now be worth an estimated £233,922. It was last sold for £189,000 in August 2020, which was around 15% below the average August 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.

1 CORINNE CRESCENT Sold Prices

Land registry data shows three sales for 1 CORINNE CRESCENT 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 1 CORINNE CRESCENT 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 28 AUG	£189,000	£222,944	15% below HPI
2016 10 JUN	£148,000	£193,773	24% below HPI
1999 9 MAR	£58,000	£66,152	12% below HPI

1 CORINNE CRESCENT 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 1 CORINNE CRESCENT sales between March 1999 and August 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 June 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 1 CORINNE CRESCENT be worth now?

1 CORINNE CRESCENT might now be worth an estimated £233,922.

This is based on house price inflation of 23.8%, between August 2020 and August 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 23.8% inflationary increase is applied to the most recent sale price for 1 CORINNE CRESCENT of £189,000 on 28th August 2020. For the value to have increased from £189,000 to £233,922 over the five years to August 2025, the following assumptions must hold true:

• The value of 1 CORINNE CRESCENT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2020 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CORINNE CRESCENT has not materially changed since August 2020.

How Large is 1 CORINNE CRESCENT?

1 CORINNE CRESCENT is 139m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% 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 1 CORINNE CRESCENT lies on this distribution: 80% of detached houses houses are smaller than 1 CORINNE CRESCENT, and 19% of houses are larger. Note that EPC data is not available for all properties in Skegness.

1 CORINNE CRESCENT: Plot and Title Map

1 CORINNE CRESCENT sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 1 CORINNE CRESCENT, 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 1 CORINNE CRESCENT). 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 1 CORINNE CRESCENT?

1 CORINNE CRESCENT is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 1 on CORINNE CRESCENT.