THE LIMIT, ANDERBY CREEK, SKEGNESS, PE24 5XT - £262,000

THE LIMIT is a very large extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £262,000 in August 2019, which was around 18% above the average August 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2019, where the current energy rating was F, and the potential energy rating was C.

THE LIMIT Sold Prices

Land registry data shows two sales for THE LIMIT 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. One of the two THE LIMIT sales was for above the average price, whilst the other was 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 29 AUG	£262,000	£221,272	18% above HPI
2003 27 AUG	£100,000	£135,527	26% below HPI

THE LIMIT 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 THE LIMIT sales from August 2003 and August 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 August 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2019 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is THE LIMIT?

THE LIMIT is 84m², which includes one extension, according to the EPC inspection conducted in March 2019. 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 THE LIMIT lies on this distribution: 89% of detached houses are smaller than THE LIMIT, and 11% of houses are larger. Note that EPC data is not available for all properties in Anderby Creek.

THE LIMIT: Plot and Title Map

THE LIMIT sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of THE LIMIT, 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 THE LIMIT). 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 THE LIMIT?

THE LIMIT is located in ANDERBY CREEK, in the PE24 postcode district. The below map shows the position of THE LIMIT in ANDERBY CREEK.