5, BISCAY CLOSE, SKEGNESS, PE25 1JR - £86,500

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.

5 BISCAY CLOSE is a very small terraced house of 41m², built sometime between 1983 and 1990, which could now be worth an estimated £133,097. It was last sold for £86,500 in August 2013, which was around 4% below the average August 2013 terraced price in the East Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was A.

5 BISCAY CLOSE Sold Prices

Land registry data shows three sales for 5 BISCAY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. All of the three 5 BISCAY 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
2013 12 AUG	£86,500	£90,298	4% below HPI
2012 28 JUN	£65,000	£88,090	26% below HPI
2011 18 APR	£65,000	£87,403	26% below HPI

5 BISCAY CLOSE 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 three 5 BISCAY CLOSE sales between April 2011 and August 2013 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 June 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2013 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 5 BISCAY CLOSE be worth now?

5 BISCAY CLOSE might now be worth an estimated £133,097.

This is based on house price inflation of 53.9%, between August 2013 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 53.9% inflationary increase is applied to the most recent sale price for 5 BISCAY CLOSE of £86,500 on 12th August 2013. For the value to have increased from £86,500 to £133,097 over the twelve years and two months to June 2025, the following assumptions must hold true:

• The value of 5 BISCAY CLOSE has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The August 2013 sale price of £86,500 represented a fair market value for the property.
• The size, condition, and specification of 5 BISCAY CLOSE has not materially changed since August 2013.

How Large is 5 BISCAY CLOSE?

5 BISCAY CLOSE is 41m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% 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 5 BISCAY CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 5 BISCAY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Skegness.

5 BISCAY CLOSE: Plot and Title Map

5 BISCAY CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 5 BISCAY 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 5 BISCAY 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 5 BISCAY CLOSE?

5 BISCAY CLOSE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 5 on BISCAY CLOSE.