10, THE NEEDLES, SKEGNESS, PE25 1EQ - £89,000

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.

10 THE NEEDLES is a small extended terraced house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £147,090. It was last sold for £89,000 in November 2013, which was about the average November 2013 terraced price in the East Lindsey local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

10 THE NEEDLES Sold Prices

Land registry data shows three sales for 10 THE NEEDLES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. The three 10 THE NEEDLES sales were a mix of roughly equal to the average price, above the average price, and 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
2013 1 NOV	£89,000	£88,944	Close to HPI
2007 7 NOV	£99,950	£104,155	4% below HPI
2000 10 NOV	£39,000	£36,010	8% above HPI

10 THE NEEDLES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Lindsey local authority area over time, sourced from the HPI. The three 10 THE NEEDLES sales between November 2000 and November 2013 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 November 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2013 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 10 THE NEEDLES be worth now?

10 THE NEEDLES might now be worth an estimated £147,090.

This is based on house price inflation of 65.3%, between November 2013 and August 2025, for terraced 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 65.3% inflationary increase is applied to the most recent sale price for 10 THE NEEDLES of £89,000 on 1st November 2013. For the value to have increased from £89,000 to £147,090 over the twelve years and three months to August 2025, the following assumptions must hold true:

• The value of 10 THE NEEDLES has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The November 2013 sale price of £89,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE NEEDLES has not materially changed since November 2013.

How Large is 10 THE NEEDLES?

10 THE NEEDLES is 78m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of terraced houses houses in Skegness, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Skegness, and where 10 THE NEEDLES lies on this distribution: 30% of terraced houses houses are smaller than 10 THE NEEDLES, and 69% of houses are larger. Note that EPC data is not available for all properties in Skegness.

10 THE NEEDLES: Plot and Title Map

10 THE NEEDLES sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 10 THE NEEDLES, 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 10 THE NEEDLES). 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 10 THE NEEDLES?

10 THE NEEDLES is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 10 on THE NEEDLES.