MIDDLE VIEW, BURGH ROAD, SKEGNESS, PE25 2RJ - £191,000

MIDDLE VIEW is a large extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £191,000 in July 2019, which was around 12% below the average July 2019 detached 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 C.

MIDDLE VIEW Sold Prices

Land registry data shows four sales for MIDDLE VIEW 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. Most of the four MIDDLE VIEW 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
2019 1 JUL	£191,000	£216,879	12% below HPI
2015 21 APR	£154,500	£176,599	13% below HPI
2009 3 AUG	£156,000	£165,469	6% below HPI
1998 25 SEP	£66,000	£65,381	1% above HPI

MIDDLE VIEW 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 MIDDLE VIEW sales between September 1998 and July 2019 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 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is MIDDLE VIEW?

MIDDLE VIEW is 120m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 30% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where MIDDLE VIEW lies on this distribution: 69% of detached houses are smaller than MIDDLE VIEW, and 30% of houses are larger. Note that EPC data is not available for all properties in Skegness.

MIDDLE VIEW: Plot and Title Map

MIDDLE VIEW sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of MIDDLE VIEW, 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 MIDDLE VIEW). 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 MIDDLE VIEW?

MIDDLE VIEW is located on BURGH ROAD in SKEGNESS, in the PE25 postcode district. The below map shows the position of MIDDLE VIEW on BURGH ROAD.