8, GREEN LANE, SKEGNESS, PE25 3AE - £220,000

8 GREEN LANE is a very large detached house of 145m², built sometime between 1930 and 1949. It was last sold for £220,000 in September 2021, which was around 10% below the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

8 GREEN LANE Sold Prices

Land registry data shows four sales for 8 GREEN LANE 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 8 GREEN LANE 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
2021 13 SEP	£220,000	£245,698	10% below HPI
2021 29 JUL	£210,000	£239,638	12% below HPI
2016 23 MAR	£85,000	£186,100	54% below HPI
2013 28 NOV	£125,000	£165,133	24% below HPI

8 GREEN LANE 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 8 GREEN LANE sales between November 2013 and September 2021 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 July 2021 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 8 GREEN LANE?

8 GREEN LANE is 145m² according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 8 GREEN LANE lies on this distribution: 84% of detached houses are smaller than 8 GREEN LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Skegness.

8 GREEN LANE: Plot and Title Map

8 GREEN LANE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 8 GREEN LANE, 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 8 GREEN LANE). 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 8 GREEN LANE?

8 GREEN LANE is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 8 on GREEN LANE.