THE WILLOWS, WEST END, HOGSTHORPE, SKEGNESS, PE24 5PA - £155,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE WILLOWS is a small extended semi-detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £189,808. It was last sold for £155,000 in December 2018, which was around 7% above the average December 2018 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

THE WILLOWS Sold Prices

Land registry data shows two sales for THE WILLOWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. One of the two THE WILLOWS 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
2018 4 DEC	£155,000	£144,515	7% above HPI
2013 30 APR	£90,000	£113,322	21% below HPI

THE WILLOWS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two THE WILLOWS sales from April 2013 and December 2018 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 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2018 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might THE WILLOWS be worth now?

THE WILLOWS might now be worth an estimated £189,808.

This is based on house price inflation of 22.5%, between December 2018 and June 2025, for semi-detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for THE WILLOWS of £155,000 on 4th December 2018. For the value to have increased from £155,000 to £189,808 over the seven years and six months to June 2025, the following assumptions must hold true:

• The value of THE WILLOWS has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The December 2018 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of THE WILLOWS has not materially changed since December 2018.

How Large is THE WILLOWS?

THE WILLOWS is 75m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of semi-detached houses houses in Hogsthorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hogsthorpe, and where THE WILLOWS lies on this distribution: 40% of semi-detached houses houses are smaller than THE WILLOWS, and 60% of houses are larger. Note that EPC data is not available for all properties in Hogsthorpe.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

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