32, BEACON WAY, SKEGNESS, PE25 1HJ - £170,000

32 BEACON WAY is a small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £170,000 in August 2020, which was around 23% below the average August 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

32 BEACON WAY Sold Prices

Land registry data shows four sales for 32 BEACON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 32 BEACON 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
2020 10 AUG	£170,000	£219,742	23% below HPI
2007 4 OCT	£148,750	£188,072	21% below HPI
2003 28 JUL	£120,000	£136,015	12% below HPI
1996 22 MAY	£48,000	£55,273	13% below HPI

32 BEACON 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 four 32 BEACON WAY sales between May 1996 and August 2020 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 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 32 BEACON WAY?

32 BEACON WAY is 84m² according to the EPC inspection conducted in July 2020. 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 32 BEACON WAY lies on this distribution: 38% of detached houses are smaller than 32 BEACON WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Skegness.

32 BEACON WAY: Plot and Title Map

32 BEACON WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 32 BEACON 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 32 BEACON 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 32 BEACON WAY?

32 BEACON WAY is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 32 on BEACON WAY.