THE NOOK, ANDERBY CREEK, SKEGNESS, PE24 5XU - £155,000

THE NOOK is a midsized extended detached house of 56m², built sometime between 1900 and 1929. It was last sold for £155,000 in January 2021, which was around 34% below the average January 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

THE NOOK Sold Prices

Land registry data shows four sales for THE NOOK 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. All of the four THE NOOK 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
2021 29 JAN	£155,000	£236,135	34% below HPI
2005 9 SEP	£95,000	£173,416	45% below HPI
1996 9 AUG	£27,500	£57,797	52% below HPI
1995 23 MAR	£22,500	£58,321	61% below HPI

THE NOOK 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 THE NOOK sales between March 1995 and January 2021 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 September 2005 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is THE NOOK?

THE NOOK is 56m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% 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 NOOK lies on this distribution: 46% of detached houses are smaller than THE NOOK, and 51% of houses are larger. Note that EPC data is not available for all properties in Anderby Creek.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of THE NOOK, 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 NOOK). 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 NOOK?

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