31, LUMLEY AVENUE, SKEGNESS, PE25 2AT - £183,000

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.

31 LUMLEY AVENUE is a very large extended detached house of 270m², built sometime before 1900, which could now be worth an estimated £218,903. It was last sold for £183,000 in July 2019, which was around 17% below the average July 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was C.

31 LUMLEY AVENUE Sold Prices

Land registry data shows two sales for 31 LUMLEY AVENUE 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. One of the two 31 LUMLEY AVENUE sales was for below the average price, whilst the other was for above 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 26 JUL	£183,000	£220,039	17% below HPI
2003 6 AUG	£157,000	£137,502	14% above HPI

31 LUMLEY AVENUE 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 31 LUMLEY AVENUE sales from August 2003 and July 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 August 2003 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 31 LUMLEY AVENUE be worth now?

31 LUMLEY AVENUE might now be worth an estimated £218,903.

This is based on house price inflation of 19.6%, between July 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 19.6% inflationary increase is applied to the most recent sale price for 31 LUMLEY AVENUE of £183,000 on 26th July 2019. For the value to have increased from £183,000 to £218,903 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 31 LUMLEY AVENUE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2019 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LUMLEY AVENUE has not materially changed since July 2019.

How Large is 31 LUMLEY AVENUE?

31 LUMLEY AVENUE is 270m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 10% 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 31 LUMLEY AVENUE lies on this distribution: 98% of detached houses houses are smaller than 31 LUMLEY AVENUE, and 2% of houses are larger. Note that EPC data is not available for all properties in Skegness.

31 LUMLEY AVENUE: Plot and Title Map

31 LUMLEY AVENUE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 31 LUMLEY AVENUE, 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 31 LUMLEY AVENUE). 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 31 LUMLEY AVENUE?

31 LUMLEY AVENUE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 31 on LUMLEY AVENUE.