9, DRAKE ROAD, SKEGNESS, PE25 3BH - £287,000

9 DRAKE ROAD is a very large extended detached house of 240m², built sometime between 1900 and 1929. It was last sold for £287,000 in May 2016, which was around 50% above the average May 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

9 DRAKE ROAD Sold Prices

Land registry data shows two sales for 9 DRAKE ROAD 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 9 DRAKE ROAD 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
2016 23 MAY	£287,000	£191,921	50% above HPI
1997 17 MAY	£90,000	£59,416	51% above HPI

9 DRAKE ROAD 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 9 DRAKE ROAD sales from May 1997 and May 2016 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 May 1997 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the May 2016 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 9 DRAKE ROAD?

9 DRAKE ROAD is 240m², which includes three extensions, according to the EPC inspection conducted in March 2019. 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 9 DRAKE ROAD lies on this distribution: 98% of detached houses are smaller than 9 DRAKE ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Skegness.

9 DRAKE ROAD: Plot and Title Map

9 DRAKE ROAD sits on a plot of roughly 0.207 of an acre, or 836m². The below map shows the location of 9 DRAKE 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 9 DRAKE 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 9 DRAKE ROAD?

9 DRAKE ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 9 on DRAKE ROAD.