16, REVESBY DRIVE, SKEGNESS, PE25 2HT - £162,000

16 REVESBY DRIVE is a small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £162,000 in December 2018, which was around 25% below the average December 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

16 REVESBY DRIVE Sold Prices

Land registry data shows three sales for 16 REVESBY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 16 REVESBY DRIVE 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
2018 19 DEC	£162,000	£216,134	25% below HPI
2006 27 JUN	£128,500	£183,212	30% below HPI
1996 9 DEC	£49,900	£58,189	14% below HPI

16 REVESBY DRIVE 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 three 16 REVESBY DRIVE sales between December 1996 and December 2018 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 June 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 REVESBY DRIVE?

16 REVESBY DRIVE is 81m², which includes one extension, according to the EPC inspection conducted in October 2013. 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 16 REVESBY DRIVE lies on this distribution: 34% of detached houses are smaller than 16 REVESBY DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Skegness.

16 REVESBY DRIVE: Plot and Title Map

16 REVESBY DRIVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 16 REVESBY DRIVE, 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 16 REVESBY DRIVE). 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 16 REVESBY DRIVE?

16 REVESBY DRIVE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 16 on REVESBY DRIVE.