THE MILESTONE, WEST END, HOGSTHORPE, SKEGNESS, PE24 5PA - £220,000

THE MILESTONE is a very large extended detached house of 131m², built sometime before 1900. It was last sold for £220,000 in May 2006, which was around 23% above the average May 2006 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was B.

THE MILESTONE Sold Prices

Land registry data shows five sales for THE MILESTONE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the five THE MILESTONE 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
2006 31 MAY	£220,000	£179,287	23% above HPI
2002 17 MAY	£105,000	£98,349	7% above HPI
2000 3 NOV	£81,950	£76,227	8% above HPI
2000 21 JAN	£78,000	£72,598	7% above HPI
1997 10 OCT	£60,000	£61,363	2% below HPI

THE MILESTONE 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 five THE MILESTONE sales between October 1997 and May 2006 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 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2006 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is THE MILESTONE?

THE MILESTONE is 131m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 20% of detached houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Hogsthorpe, and where THE MILESTONE lies on this distribution: 84% of detached houses are smaller than THE MILESTONE, and 16% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

THE MILESTONE: Plot and Title Map

THE MILESTONE sits on a plot of roughly 0.343 of an acre, or 1,389m². The below map shows the location of THE MILESTONE, 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 MILESTONE). 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 MILESTONE?

THE MILESTONE is located on WEST END in HOGSTHORPE, in the PE24 postcode district. The below map shows the position of THE MILESTONE on WEST END.