11, VERNON ROAD, SKEGNESS, PE25 2QR - £125,000

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.

11 VERNON ROAD is a large extended semi-detached house of 130m², built sometime between 1930 and 1949, which could now be worth an estimated £157,691. It was last sold for £125,000 in August 2019, which was around 16% below the average August 2019 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

11 VERNON ROAD Sold Prices

Land registry data shows two sales for 11 VERNON ROAD 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. One of the two 11 VERNON ROAD sales was for below the average price, whilst the other was 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
2019 5 AUG	£125,000	£148,379	16% below HPI
2006 8 SEP	£134,950	£120,735	12% above HPI

11 VERNON ROAD 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 11 VERNON ROAD sales from September 2006 and August 2019 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 September 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 11 VERNON ROAD be worth now?

11 VERNON ROAD might now be worth an estimated £157,691.

This is based on house price inflation of 26.2%, between August 2019 and August 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 26.2% inflationary increase is applied to the most recent sale price for 11 VERNON ROAD of £125,000 on 5th August 2019. For the value to have increased from £125,000 to £157,691 over the six years to August 2025, the following assumptions must hold true:

• The value of 11 VERNON ROAD has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The August 2019 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 11 VERNON ROAD has not materially changed since August 2019.

How Large is 11 VERNON ROAD?

11 VERNON ROAD is 130m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 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 11 VERNON ROAD lies on this distribution: 76% of semi-detached houses houses are smaller than 11 VERNON ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Skegness.

11 VERNON ROAD: Plot and Title Map

11 VERNON ROAD sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 11 VERNON ROAD, 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 11 VERNON ROAD). 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 11 VERNON ROAD?

11 VERNON ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 11 on VERNON ROAD.