2, MULBERRY WAY, SKEGNESS, PE25 1GD - £145,000

2 MULBERRY WAY is a very small detached house of 57m², built sometime between 2003 and 2006. It was last sold for £145,000 in October 2017, which was around 31% below the average October 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

2 MULBERRY WAY Sold Prices

Land registry data shows two sales for 2 MULBERRY WAY 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 2 MULBERRY WAY 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
2017 27 OCT	£145,000	£209,258	31% below HPI
2005 5 SEP	£160,000	£173,416	8% below HPI

2 MULBERRY WAY 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 2 MULBERRY WAY sales from September 2005 and October 2017 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 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 MULBERRY WAY?

2 MULBERRY WAY is 57m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 2 MULBERRY WAY lies on this distribution: 4% of detached houses are smaller than 2 MULBERRY WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Skegness.

2 MULBERRY WAY: Plot and Title Map

2 MULBERRY WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 2 MULBERRY WAY, 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 2 MULBERRY WAY). 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 2 MULBERRY WAY?

2 MULBERRY WAY is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 2 on MULBERRY WAY.