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Addlethorpe market report PE24 5, Skegness
The PE24 5 (Addlethorpe) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 5,498 registered sales in PE24 5 (Skegness) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical PE24 5 (Skegness) home changed hands for £208,500 in 2026 (median of 56 registered sales, up 12% on five years earlier), with the mean at £219,800, and by floor area homes here have averaged about £2,570 per square metre over the last five years. Source: 5,498 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
PE24 5 is one sector of PE24 (Skegness): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where PE24 5 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.
What PE24 5 homes really sell for
The 2026 median for PE24 5 is £208,500, taken from 56 registered sales. The mean, which is what most sites call the "average house price", is £219,800, a little above it, the familiar pattern where pricier homes stretch the average.
What a square metre costs in PE24 5
By floor space, homes in PE24 5 have sold for about £2,570 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
England and Wales as a whole trade at a £285,000 median, leaving PE24 5 27% below the national figure.
PE24 5's median sold price, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £208,500 | £208,500 | 56 |
| 2025 | £200,000 | £204,783 | 125 |
| 2024 | £200,000 | £212,641 | 118 |
| 2023 | £200,000 | £219,751 | 124 |
| 2022 | £215,000 | £252,112 | 157 |
| 2021 | £186,000 | £235,500 | 225 |
| 2020 | £160,000 | £207,603 | 144 |
| 2019 | £156,000 | £204,479 | 139 |
| 2018 | £160,000 | £213,283 | 181 |
| 2017 | £154,000 | £210,041 | 186 |
| 2016 | £139,000 | £194,462 | 167 |
| 2015 | £130,000 | £183,690 | 148 |
| 2014 | £125,000 | £177,334 | 174 |
| 2013 | £123,000 | £176,985 | 132 |
| 2012 | £120,000 | £176,625 | 96 |
| 2011 | £123,000 | £185,683 | 108 |
| 2010 | £130,000 | £203,873 | 126 |
| 2009 | £120,000 | £192,901 | 127 |
| 2008 | £122,500 | £200,803 | 108 |
| 2007 | £137,000 | £232,390 | 233 |
| 2006 | £130,000 | £225,663 | 207 |
| 2005 | £120,000 | £213,552 | 175 |
| 2004 | £122,000 | £221,576 | 221 |
| 2003 | £93,000 | £171,329 | 247 |
| 2002 | £77,000 | £144,875 | 289 |
| 2001 | £62,000 | £119,192 | 257 |
| 2000 | £56,000 | £109,900 | 220 |
| 1999 | £51,000 | £101,640 | 234 |
| 1998 | £45,000 | £90,836 | 214 |
| 1997 | £44,000 | £90,235 | 210 |
| 1996 | £40,000 | £84,358 | 184 |
| 1995 | £41,700 | £90,649 | 166 |
In cash terms the typical PE24 5 home went from £41,700 in 1995 to £208,500 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 130%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 17% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the PE24 5 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 2004 (+31.2% on the year before); the weakest, 2008 (−10.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What PE24 5 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +4.2% | +1.8% |
| 5 years (since 2021) | +2.3% | −2.4% |
| 10 years (since 2016) | +4.1% | +0.7% |
| 20 years (since 2006) | +2.4% | −0.4% |
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.
Sales activity in PE24 5
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The register shows 56 PE24 5 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 231 sales a year before the financial crisis and 116 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
Reading the PE24 5 market
Only 56 sales completed here in the last twelve months of data, which makes PE24 5 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching.
What homes rent for around PE24 5
For renting purposes PE24 5 sits in East Lindsey. The ONS average private rent there is £694 a month (May 2026). The spread runs from £515 a month for a typical one-bed to £1,131 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, East Lindsey
ONS Price Index of Private Rents, May 2026.
Against the £208,500 median purchase price, a rent of £694 a month (£8,328 a year) works out at a 4.0% 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 5 (Addlethorpe)
Are property prices falling in PE24 5 (Addlethorpe)?
Is PE24 5 (Addlethorpe) a good place to buy a house?
How much did a house sell for in PE24 5 (Addlethorpe)?
Are PE24 5 prices heading up or down?
No honest page predicts prices, so this one sticks to the record: the median is up 12% over five years in cash but down 11% 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 109 homes at the moment, listed by 7 agents publishing to HomesIndex.
These cover the whole PE24 district, not just PE24 5: live asking prices are collected per district.
23% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
- West End, Skegness, PE24, Skegness
- Gunby Road, Orby, PE24, Orby
- Chapel Point, Chapel St Leonards, PE24, Chapel St Leonards
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every PE24 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in PE
Real sold prices by size across the PE area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £245,000 | £338,000 (+38%) | £482,750 (+43%) | £645,000 (+34%) |
| Semi-detached | £187,000 | £220,000 (+18%) | £257,500 (+17%) | £340,000 (+32%) | £455,000 (+34%) |
| Terraced | £170,000 | £195,000 (+15%) | £225,000 (+15%) | £300,000 (+33%) | £465,000 (+55%) |
| Flat | £120,000 | £155,500 (+30%) | £230,000 (+48%) | — | — |
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. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the PE area is the point: the same five years treated these districts very differently.
Five-year change in the median, PE area districts
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 4 | £190,000 | 15 |
Zoom out to the full PE24 district report for the type split, monthly volumes and how PE24 compares with its neighbours.
Thinking of selling in PE24 5? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in PE24 5, open the average prices map and zoom from the PE24 5 shading down to the sold homes on your own street. Every recorded PE24 5 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim PE24 5.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about PE24 5. Free, with a one click sign in.
See every individual PE24 5 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale 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.