16, MONTGOMERY ROAD, SKEGNESS, PE25 2EX - £165,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 MONTGOMERY ROAD is a small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £165,000 in June 2021, which was around 31% below the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

16 MONTGOMERY ROAD Sold Prices

Land registry data shows two sales for 16 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. One of the two 16 MONTGOMERY ROAD sales was for below the average price, whilst the other was for above 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
2021 30 JUN	£165,000	£238,466	31% below HPI
2000 19 MAY	£72,500	£72,066	1% above HPI

16 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 16 MONTGOMERY ROAD sales from May 2000 and June 2021 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 May 2000 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 16 MONTGOMERY ROAD?

16 MONTGOMERY ROAD is 76m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 16 MONTGOMERY ROAD lies on this distribution: 27% of detached houses are smaller than 16 MONTGOMERY ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Skegness.

16 MONTGOMERY ROAD: Plot and Title Map

16 MONTGOMERY ROAD sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 16 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 16 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 16 MONTGOMERY ROAD?

16 MONTGOMERY ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 16 on MONTGOMERY ROAD.