14, LYNN WELL CLOSE, SKEGNESS, PE25 1DS - £174,000

14 LYNN WELL CLOSE is a small detached house of 84m², built sometime between 1991 and 1995. It was last sold for £174,000 in November 2020, which was around 24% below the average November 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

14 LYNN WELL CLOSE Sold Prices

Land registry data shows two sales for 14 LYNN WELL CLOSE 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 14 LYNN WELL CLOSE 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 20 NOV	£174,000	£229,635	24% below HPI
2007 30 AUG	£150,000	£192,296	22% below HPI

14 LYNN WELL CLOSE 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 14 LYNN WELL CLOSE sales from August 2007 and November 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 August 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 14 LYNN WELL CLOSE?

14 LYNN WELL CLOSE is 84m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 14 LYNN WELL CLOSE lies on this distribution: 38% of detached houses are smaller than 14 LYNN WELL CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Skegness.

14 LYNN WELL CLOSE: Plot and Title Map

14 LYNN WELL CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 14 LYNN WELL 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 14 LYNN WELL 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 14 LYNN WELL CLOSE?

14 LYNN WELL CLOSE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 14 on LYNN WELL CLOSE.