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Addlethorpe market report PE24 4, Skegness
The PE24 4 (Addlethorpe) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 1,853 HM Land Registry entries for PE24 4 (Skegness), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh. Page updated 19 October 2026.
In short: the middle 2026 sale in PE24 4 (Skegness) came in at £185,000, out of 19 registered, down 16% on five years earlier, and the mean stands at £189,200, and by floor area homes here have averaged about £2,240 per square metre over the last five years. The record behind it is 1,853 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
A postcode sector like PE24 4 is a single group of streets within PE24 (Skegness), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where PE24 4 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in PE24 4
19 sales were registered in PE24 4 in 2026, and the middle one of them, the median, went for £185,000. The mean works out at £189,200, practically level with it: prices here bunch tightly around the middle.
House prices per square metre in PE24 4
The last five years of sales put PE24 4 at roughly £2,240 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
England and Wales as a whole trade at a £285,000 median, leaving PE24 4 35% below the national figure.
The price of a typical PE24 4 home, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £185,000 | £185,000 | 19 |
| 2025 | £200,000 | £204,783 | 47 |
| 2024 | £220,000 | £233,905 | 47 |
| 2023 | £191,000 | £209,862 | 40 |
| 2022 | £207,000 | £242,731 | 57 |
| 2021 | £220,000 | £278,548 | 83 |
| 2020 | £150,000 | £194,628 | 39 |
| 2019 | £173,500 | £227,417 | 34 |
| 2018 | £155,000 | £206,618 | 63 |
| 2017 | £147,000 | £200,493 | 60 |
| 2016 | £143,000 | £200,058 | 65 |
| 2015 | £149,200 | £210,820 | 54 |
| 2014 | £129,500 | £183,718 | 54 |
| 2013 | £128,500 | £184,899 | 44 |
| 2012 | £117,500 | £172,945 | 39 |
| 2011 | £127,500 | £192,476 | 40 |
| 2010 | £145,000 | £227,397 | 34 |
| 2009 | £130,000 | £208,976 | 29 |
| 2008 | £135,000 | £221,294 | 35 |
| 2007 | £147,500 | £250,201 | 79 |
| 2006 | £135,200 | £234,690 | 66 |
| 2005 | £138,000 | £245,584 | 57 |
| 2004 | £130,000 | £236,105 | 65 |
| 2003 | £108,000 | £198,962 | 97 |
| 2002 | £77,800 | £146,380 | 106 |
| 2001 | £71,000 | £136,494 | 88 |
| 2000 | £55,000 | £107,938 | 94 |
| 1999 | £51,200 | £102,039 | 74 |
| 1998 | £53,500 | £107,994 | 68 |
| 1997 | £43,000 | £88,184 | 78 |
| 1996 | £46,000 | £97,012 | 54 |
| 1995 | £50,500 | £109,779 | 44 |
In cash terms the typical PE24 4 home went from £50,500 in 1995 to £185,000 in 2026, roughly 3.7 times the price. Even after inflation that is a real rise of about 69%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 34% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.
Year-on-year change in the PE24 4 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2021 (+46.7% on the year before); the weakest, 2020 (−13.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 year (since 2025) | −7.5% | −9.7% |
| 5 years (since 2021) | −3.4% | −7.9% |
| 6 years (since 2020) | +3.6% | −0.8% |
| 10 years (since 2016) | +2.6% | −0.8% |
| 20 years (since 2006) | +1.6% | −1.2% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
How many homes change hands in PE24 4
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The register shows 19 PE24 4 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 82 sales a year before the financial crisis and 42 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
The shape of the PE24 4 market
This is a thin market: 19 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing.
What homes rent for around PE24 4
For renting purposes PE24 4 sits in East Lindsey. The ONS average private rent there is £694 a month (May 2026). Size sets most of the rent: one-beds average £515 a month here against £1,131 for four or more bedrooms.
Average monthly rent by size, East Lindsey
ONS Price Index of Private Rents, May 2026.
Against the £185,000 median purchase price, a rent of £694 a month (£8,328 a year) works out at a 4.5% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Common questions on PE24 4 (Addlethorpe)
Are property prices falling in PE24 4 (Addlethorpe)?
Is PE24 4 (Addlethorpe) a good place to buy a house?
How much did a house sell for in PE24 4 (Addlethorpe)?
Will PE24 4 prices rise from here?
No honest page predicts prices, so this one sticks to the record: the median is down 16% over five years in cash but down 34% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
PE24's current homes for sale
The live side of the market holds 73 homes at the moment, listed by 4 agents publishing to HomesIndex.
These cover the whole PE24 district, not just PE24 4: live asking prices are collected per district.
Of everything listed here, 12% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
- Goodwin Drive, Hogsthorpe, PE24, Hogsthorpe
- Chapel Point, Chapel St Leonards, PE24, Chapel St Leonards
- Mount Pleasant, Wainfleet, PE24, Skegness
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every PE24 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in PE
What homes of each size actually sold for across the PE area, from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | £212,000 | £240,000 (+13%) | £291,000 (+21%) | £379,995 (+31%) | £485,000 (+28%) |
| Semi-detached | £178,000 | £202,000 (+13%) | £237,000 (+17%) | £285,000 (+20%) | £350,000 (+23%) |
| Terraced | £147,000 | £184,000 (+25%) | £210,000 (+14%) | £260,000 (+24%) | £330,000 (+27%) |
| Flat | £113,000 | £142,000 (+26%) | £190,000 (+34%) | £270,000 (+42%) | £265,000 (-2%) |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the PE area is the point: the same five years treated these districts very differently.
Winners and losers across the PE area, five years
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in PE24
A few minutes' walk can separate two very different markets. Here are PE24's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PE24 5 | £202,500 | 66 |
Zoom out to the full PE24 district report for the type split, monthly volumes and how PE24 compares with its neighbours.
Selling in PE24 4? Start from the sold record
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in PE24 4, use the average prices map for a rough value: zoom from PE24 4's shading down to the sold homes on your own street. The figures above are every recorded PE24 4 sale; agents price with this same Land Registry record, and now you have it too.
Go deeper
The AI answers from the same Land Registry data this report is built on, already scoped to PE24 4. Free after a one click sign in.
The live map plots every individual PE24 4 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.