12, MONTGOMERY ROAD, SKEGNESS, PE25 2EX - £164,000

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.

12 MONTGOMERY ROAD is a small detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £223,070. It was last sold for £164,000 in November 2017, which was around 22% below the average November 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

12 MONTGOMERY ROAD Sold Prices

Land registry data shows two sales for 12 MONTGOMERY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 12 MONTGOMERY ROAD 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
2017 17 NOV	£164,000	£210,451	22% below HPI
2010 26 FEB	£105,000	£167,887	37% below HPI

12 MONTGOMERY ROAD 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 two 12 MONTGOMERY ROAD sales from February 2010 and November 2017 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 February 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 12 MONTGOMERY ROAD be worth now?

12 MONTGOMERY ROAD might now be worth an estimated £223,070.

This is based on house price inflation of 36%, between November 2017 and February 2025, for 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 36% inflationary increase is applied to the most recent sale price for 12 MONTGOMERY ROAD of £164,000 on 17th November 2017. For the value to have increased from £164,000 to £223,070 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 MONTGOMERY ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2017 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MONTGOMERY ROAD has not materially changed since November 2017.

How Large is 12 MONTGOMERY ROAD?

12 MONTGOMERY ROAD is 73m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 12 MONTGOMERY ROAD lies on this distribution: 22% of detached houses houses are smaller than 12 MONTGOMERY ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Skegness.

12 MONTGOMERY ROAD: Plot and Title Map

12 MONTGOMERY ROAD sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 12 MONTGOMERY ROAD, 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 12 MONTGOMERY ROAD). 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 12 MONTGOMERY ROAD?

12 MONTGOMERY ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 12 on MONTGOMERY ROAD.