1, NELSON CLOSE, SKEGNESS, PE25 1TA - £175,000

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 NELSON CLOSE is a small semi-detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £196,044. It was last sold for £175,000 in December 2021, which was around 2% above the average December 2021 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

1 NELSON CLOSE Sold Prices

Land registry data shows two sales for 1 NELSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 1 NELSON CLOSE 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
2021 17 DEC	£175,000	£172,232	2% above HPI
2000 10 FEB	£49,950	£46,554	7% above HPI

1 NELSON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 1 NELSON CLOSE sales from February 2000 and December 2021 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 February 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 1 NELSON CLOSE be worth now?

1 NELSON CLOSE might now be worth an estimated £196,044.

This is based on house price inflation of 12%, between December 2021 and February 2025, for semi-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 12% inflationary increase is applied to the most recent sale price for 1 NELSON CLOSE of £175,000 on 17th December 2021. For the value to have increased from £175,000 to £196,044 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 NELSON CLOSE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The December 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NELSON CLOSE has not materially changed since December 2021.

How Large is 1 NELSON CLOSE?

1 NELSON CLOSE is 76m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of semi-detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Skegness, and where 1 NELSON CLOSE lies on this distribution: 27% of semi-detached houses houses are smaller than 1 NELSON CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Skegness.

1 NELSON CLOSE: Plot and Title Map

1 NELSON CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 1 NELSON CLOSE, 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 NELSON CLOSE). 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 NELSON CLOSE?

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