15, FLAMBOROUGH CLOSE, SKEGNESS, PE25 1HR - £127,500

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.

15 FLAMBOROUGH CLOSE is a large detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £201,117. It was last sold for £127,500 in November 2011, which was around 24% below the average November 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

15 FLAMBOROUGH CLOSE Sold Prices

Land registry data shows five sales for 15 FLAMBOROUGH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 15 FLAMBOROUGH 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
2011 18 NOV	£127,500	£166,864	24% below HPI
2007 20 SEP	£169,950	£194,055	12% below HPI
2006 10 MAY	£150,000	£181,899	18% below HPI
2003 3 FEB	£119,950	£121,961	2% below HPI
1998 5 OCT	£57,500	£65,491	12% below HPI

15 FLAMBOROUGH 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 five 15 FLAMBOROUGH CLOSE sales between October 1998 and November 2011 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 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2011 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 15 FLAMBOROUGH CLOSE be worth now?

15 FLAMBOROUGH CLOSE might now be worth an estimated £201,117.

This is based on house price inflation of 57.7%, between November 2011 and June 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 57.7% inflationary increase is applied to the most recent sale price for 15 FLAMBOROUGH CLOSE of £127,500 on 18th November 2011. For the value to have increased from £127,500 to £201,117 over the fourteen years and five months to June 2025, the following assumptions must hold true:

• The value of 15 FLAMBOROUGH CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2011 sale price of £127,500 represented a fair market value for the property.
• The size, condition, and specification of 15 FLAMBOROUGH CLOSE has not materially changed since November 2011.

How Large is 15 FLAMBOROUGH CLOSE?

15 FLAMBOROUGH CLOSE is 107m² according to the EPC inspection conducted in October 2010. This puts it in the largest 40% 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 15 FLAMBOROUGH CLOSE lies on this distribution: 60% of detached houses houses are smaller than 15 FLAMBOROUGH CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Skegness.

15 FLAMBOROUGH CLOSE: Plot and Title Map

15 FLAMBOROUGH CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 15 FLAMBOROUGH 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 15 FLAMBOROUGH 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 15 FLAMBOROUGH CLOSE?

15 FLAMBOROUGH CLOSE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 15 on FLAMBOROUGH CLOSE.