38, GROSVENOR ROAD, SKEGNESS, PE25 2DD - £185,000

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.

38 GROSVENOR ROAD is a large extended terraced house of 136m², built sometime between 1930 and 1949, which could now be worth an estimated £216,372. It was last sold for £185,000 in November 2019, which was around 56% above the average November 2019 terraced price in the East Lindsey local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

38 GROSVENOR ROAD Sold Prices

Land registry data shows four sales for 38 GROSVENOR ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. Most of the four 38 GROSVENOR ROAD 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 26 NOV	£185,000	£118,796	56% above HPI
2018 29 MAR	£77,000	£109,255	30% below HPI
2007 19 OCT	£85,000	£104,323	19% below HPI
2006 21 DEC	£85,000	£98,255	13% below HPI

38 GROSVENOR ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Lindsey local authority area over time, sourced from the HPI. The four 38 GROSVENOR ROAD sales between December 2006 and November 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 March 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2019 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 38 GROSVENOR ROAD be worth now?

38 GROSVENOR ROAD might now be worth an estimated £216,372.

This is based on house price inflation of 17%, between November 2019 and June 2025, for terraced 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% inflationary increase is applied to the most recent sale price for 38 GROSVENOR ROAD of £185,000 on 26th November 2019. For the value to have increased from £185,000 to £216,372 over the six years and five months to June 2025, the following assumptions must hold true:

• The value of 38 GROSVENOR ROAD has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The November 2019 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GROSVENOR ROAD has not materially changed since November 2019.

How Large is 38 GROSVENOR ROAD?

38 GROSVENOR ROAD is 136m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 30% of terraced houses houses in Skegness, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Skegness, and where 38 GROSVENOR ROAD lies on this distribution: 79% of terraced houses houses are smaller than 38 GROSVENOR ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Skegness.

38 GROSVENOR ROAD: Plot and Title Map

38 GROSVENOR ROAD sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 38 GROSVENOR ROAD, 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 38 GROSVENOR ROAD). 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 38 GROSVENOR ROAD?

38 GROSVENOR ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 38 on GROSVENOR ROAD.