8, LIFEBOAT AVENUE, SKEGNESS, PE25 3EW - £290,000

8 LIFEBOAT AVENUE is a very large extended detached house of 190m², built sometime between 1900 and 1929. It was last sold for £290,000 in May 2021, which was around 23% above the average May 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

8 LIFEBOAT AVENUE Sold Prices

Land registry data shows two sales for 8 LIFEBOAT AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 8 LIFEBOAT AVENUE sales were for above 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 26 MAY	£290,000	£235,278	23% above HPI
2001 18 SEP	£115,000	£85,238	35% above HPI

8 LIFEBOAT 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 two 8 LIFEBOAT AVENUE sales from September 2001 and May 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 September 2001 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the May 2021 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 8 LIFEBOAT AVENUE?

8 LIFEBOAT AVENUE is 190m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 10% 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 LIFEBOAT AVENUE lies on this distribution: 95% of detached houses are smaller than 8 LIFEBOAT AVENUE, and 5% of houses are larger. Note that EPC data is not available for all properties in Skegness.

8 LIFEBOAT AVENUE: Plot and Title Map

8 LIFEBOAT AVENUE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 8 LIFEBOAT 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 8 LIFEBOAT 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 8 LIFEBOAT AVENUE?

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