38, LUMLEY AVENUE, SKEGNESS, PE25 2TH - £80,000

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 LUMLEY AVENUE is a small detached house of 82m², built sometime between 1930 and 1949, which could now be worth an estimated £76,997. It was last sold for £80,000 in November 2022, which was around 72% below the average November 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was E.

38 LUMLEY AVENUE Sold Prices

Land registry data shows three sales for 38 LUMLEY AVENUE 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 38 LUMLEY AVENUE 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
2022 15 NOV	£80,000	£286,696	72% below HPI
2017 13 APR	£62,500	£206,656	70% below HPI
2005 6 JUL	£126,000	£170,272	26% below HPI

38 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 three 38 LUMLEY AVENUE sales between July 2005 and November 2022 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 April 2017 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the November 2022 sale, where it falls to 72% below the HPI. The line then continues to track at 72% below the HPI.

What might 38 LUMLEY AVENUE be worth now?

38 LUMLEY AVENUE might now be worth an estimated £76,997.

This is based on house price deflation of 3.8%, between November 2022 and August 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 3.8% deflationary decrease is applied to the most recent sale price for 38 LUMLEY AVENUE of £80,000 on 15th November 2022. For the value to have decreased from £80,000 to £76,997 over the three years and three months to August 2025, the following assumptions must hold true:

• The value of 38 LUMLEY AVENUE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2022 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LUMLEY AVENUE has not materially changed since November 2022.

How Large is 38 LUMLEY AVENUE?

38 LUMLEY AVENUE is 82m² according to the EPC inspection conducted in May 2011. 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 38 LUMLEY AVENUE lies on this distribution: 35% of detached houses houses are smaller than 38 LUMLEY AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Skegness.

38 LUMLEY AVENUE: Plot and Title Map

38 LUMLEY AVENUE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 38 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 38 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 38 LUMLEY AVENUE?

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