SEA BANK COTTAGE, SANDY LANE, ANDERBY CREEK, SKEGNESS, PE24 5XX - £345,000

SEA BANK COTTAGE is a very large detached house of 81m², built sometime between 1930 and 1949. It was last sold for £345,000 in May 2022, which was around 23% above the average May 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was B.

SEA BANK COTTAGE Sold Prices

Land registry data shows three sales for SEA BANK COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the three SEA BANK COTTAGE sales was for above the average price, whilst two 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
2022 3 MAY	£345,000	£279,572	23% above HPI
2008 15 DEC	£150,000	£165,039	9% below HPI
1997 3 OCT	£53,000	£61,363	14% below HPI

SEA BANK COTTAGE 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 three SEA BANK COTTAGE sales between October 1997 and May 2022 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 December 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is SEA BANK COTTAGE?

SEA BANK COTTAGE is 81m² according to the EPC inspection conducted in September 2021. This puts it in the largest 20% of detached houses in Anderby Creek, based on EPC data. The below chart shows the distribution of detached houses by size in Anderby Creek, and where SEA BANK COTTAGE lies on this distribution: 87% of detached houses are smaller than SEA BANK COTTAGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Anderby Creek.

SEA BANK COTTAGE: Plot and Title Map

SEA BANK COTTAGE sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of SEA BANK COTTAGE, 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 SEA BANK COTTAGE). 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 SEA BANK COTTAGE?

SEA BANK COTTAGE is located on SANDY LANE in ANDERBY CREEK, in the PE24 postcode district. The below map shows the position of SEA BANK COTTAGE on SANDY LANE.