3, TONGLET CLOSE, SKEGNESS, PE25 3PE - £175,000

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.

3 TONGLET CLOSE is a small detached house of 78m², built sometime between 1983 and 1990, which could now be worth an estimated £205,007. It was last sold for £175,000 in September 2019, which was around 22% below the average September 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

3 TONGLET CLOSE Sold Prices

Land registry data shows three sales for 3 TONGLET CLOSE 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 3 TONGLET 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
2019 10 SEP	£175,000	£224,683	22% below HPI
2014 3 OCT	£136,000	£181,226	25% below HPI
2011 28 MAR	£127,500	£163,963	22% below HPI

3 TONGLET 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 three 3 TONGLET CLOSE sales between March 2011 and September 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 October 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 TONGLET CLOSE be worth now?

3 TONGLET CLOSE might now be worth an estimated £205,007.

This is based on house price inflation of 17.1%, between September 2019 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 17.1% inflationary increase is applied to the most recent sale price for 3 TONGLET CLOSE of £175,000 on 10th September 2019. For the value to have increased from £175,000 to £205,007 over the six years and three months to June 2025, the following assumptions must hold true:

• The value of 3 TONGLET CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 3 TONGLET CLOSE has not materially changed since September 2019.

How Large is 3 TONGLET CLOSE?

3 TONGLET CLOSE is 78m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 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 3 TONGLET CLOSE lies on this distribution: 30% of detached houses houses are smaller than 3 TONGLET CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Skegness.

3 TONGLET CLOSE: Plot and Title Map

3 TONGLET CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 3 TONGLET 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 3 TONGLET 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 3 TONGLET CLOSE?

3 TONGLET CLOSE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 3 on TONGLET CLOSE.