Local market reports › PE area › PE24
Addlethorpe market report PE24, Skegness
The PE24 (Addlethorpe) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 7,347 completed sales registered with HM Land Registry in PE24 (Skegness) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 71 registered 2026 sales put the PE24 (Skegness) median at £205,000, up 8% on five years earlier, with a mean of £216,300, and by floor area homes here have averaged about £2,490 per square metre over the last five years. Everything rests on 7,347 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
PE24 is the postcode district covering Addlethorpe, Anderby, Anderby Creek in Skegness. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where PE24 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.
Today's PE24 prices, from the sold record
Take the 71 registered 2026 sales in PE24 and the middle price, the median, is £205,000. The mean lands at £216,300, somewhat above it, as happens wherever a market carries an expensive tail.
Price per square metre in PE24
Measured by floor area, the last five years of PE24 sales average about £2,490 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
For scale: the England and Wales median is £285,000, so PE24 trades 28% below the country as a whole.
PE24'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 | £205,000 | £205,000 | 71 |
| 2025 | £200,000 | £204,783 | 172 |
| 2024 | £205,000 | £217,957 | 165 |
| 2023 | £200,000 | £219,751 | 164 |
| 2022 | £213,000 | £249,767 | 214 |
| 2021 | £190,000 | £240,565 | 308 |
| 2020 | £158,500 | £205,657 | 183 |
| 2019 | £160,000 | £209,722 | 173 |
| 2018 | £159,000 | £211,950 | 244 |
| 2017 | £152,500 | £207,995 | 246 |
| 2016 | £139,500 | £195,162 | 232 |
| 2015 | £134,500 | £190,049 | 202 |
| 2014 | £125,000 | £177,334 | 228 |
| 2013 | £125,000 | £179,863 | 176 |
| 2012 | £120,000 | £176,625 | 135 |
| 2011 | £125,000 | £188,702 | 148 |
| 2010 | £131,500 | £206,226 | 160 |
| 2009 | £123,000 | £197,724 | 156 |
| 2008 | £125,000 | £204,901 | 143 |
| 2007 | £138,200 | £234,426 | 312 |
| 2006 | £132,000 | £229,135 | 273 |
| 2005 | £124,000 | £220,670 | 232 |
| 2004 | £122,000 | £221,576 | 286 |
| 2003 | £95,500 | £175,934 | 344 |
| 2002 | £77,000 | £144,875 | 395 |
| 2001 | £65,000 | £124,959 | 345 |
| 2000 | £55,000 | £107,938 | 314 |
| 1999 | £51,000 | £101,640 | 308 |
| 1998 | £47,000 | £94,873 | 282 |
| 1997 | £44,000 | £90,235 | 288 |
| 1996 | £41,000 | £86,467 | 238 |
| 1995 | £43,000 | £93,475 | 210 |
In cash terms the typical PE24 home went from £43,000 in 1995 to £205,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 119%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2022, and today's median remains roughly 18% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the PE24 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 (+27.7% on the year before); the weakest, 2008 (−9.6%). 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 years (since 2025) | +2.5% | +0.1% |
| 5 years (since 2021) | +1.5% | −3.1% |
| 10 years (since 2016) | +3.9% | +0.5% |
| 20 years (since 2006) | +2.2% | −0.6% |
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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 69% of the typed total. In 2023, the last year both were recorded here, a detached home traded at £237,500 against £54,500 for a flat, 4.4 times the price.
Median by property type, PE24
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £220,000 | 51 | 5,064 |
| Semi-detached | £175,000 | 13 | 1,328 |
| Terraced | £158,000 | 5 | 639 |
| Flats | £54,500 (2023) | – | 291 |
Transaction volumes
The year-by-year sales count
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 last five years, month by month
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
PE24 recorded 143 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 313 sales a year before the financial crisis and 157 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.
How PE24 trades
Only 143 sales completed here in the last twelve months of data, which makes PE24 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. In its area's price order PE24 comes 32 of 35, towards the cheaper end of the table.
Rents around PE24
PE24 falls under East Lindsey, where the ONS puts the average private rent at £694 a month (May 2026 figures). 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.
Set against the £205,000 median sold price, £694 a month is £8,328 a year, a gross yield of 4.1%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
What people ask about PE24 (Addlethorpe)
Is PE24 (Addlethorpe) a good place to buy a house?
How much did a house sell for in PE24 (Addlethorpe)?
Are property prices falling in PE24 (Addlethorpe)?
Are PE24 prices heading up or down?
Prediction is not this page's business. Its business is the record, which says: the median is up 8% over five years in cash but down 15% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
On the market in PE24 today
Everything above is what homes in PE24 sold for. The live side of the market holds 109 homes at the moment, listed by 7 agents publishing to HomesIndex, at a typical asking price 15% above the PE24 median sold price.
Of everything listed here, 23% asks less than the sold record of comparable homes. 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 →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Moving up a bedroom in PE: the cost
The Land Registry record, split by size: what each kind of home actually sold for across the PE area. 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%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
PE24 ranks 14 of 35 in the PE area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the PE area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside PE24, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PE24 4 | £190,000 | 15 |
| PE24 5 | £208,500 | 56 |
How PE24 compares nearby
Same city, different markets. The dearest districts of the PE area, and PE24 itself, which ranks 32 of 35 by median price:
| District | Median | 5-year |
|---|---|---|
| PE5 | £700,200 | +64% |
| PE8 | £336,200 | -2% |
| PE9 | £335,000 | +2% |
| PE28 | £330,000 | -6% |
| PE31 | £325,000 | +5% |
| PE36 | £322,000 | +2% |
| PE19 | £310,000 | +3% |
| PE27 | £310,000 | +8% |
| PE26 | £300,000 | +10% |
| PE32 | £291,200 | -1% |
| PE29 | £285,000 | +4% |
| PE33 | £282,500 | +20% |
| PE6 | £280,000 | +10% |
| PE34 | £277,000 | +9% |
| PE14 | £263,000 | +2% |
| PE10 | £260,000 | +10% |
| PE38 | £260,000 | +13% |
| PE37 | £258,000 | +5% |
| PE7 | £250,000 | +4% |
| PE4 | £245,000 | +17% |
| PE12 | £245,000 | +9% |
| PE15 | £235,500 | +2% |
| PE20 | £232,500 | +8% |
| PE24 (this report) | £205,000 | +8% |
Selling a home in PE24? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at PE24's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Estate agents working PE24: the featured spot on this report is free for founding agents, one per district. Claim PE24.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about PE24. Free, with a one click sign in.
The live map plots every individual PE24 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.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.