172, ROMAN BANK, SKEGNESS, PE25 1SF - £215,000

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.

172 ROMAN BANK is a midsized extended semi-detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £226,293. It was last sold for £215,000 in April 2024, which was around 17% above the average April 2024 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

172 ROMAN BANK Sold Prices

Land registry data shows two sales for 172 ROMAN BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. One of the two 172 ROMAN BANK sales was for above the average price, whilst the other was 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
2024 19 APR	£215,000	£183,314	17% above HPI
2017 31 JAN	£108,000	£132,031	18% below HPI

172 ROMAN BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 172 ROMAN BANK sales from January 2017 and April 2024 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 January 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2024 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 172 ROMAN BANK be worth now?

172 ROMAN BANK might now be worth an estimated £226,293.

This is based on house price inflation of 5.3%, between April 2024 and February 2025, for semi-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 5.3% inflationary increase is applied to the most recent sale price for 172 ROMAN BANK of £215,000 on 19th April 2024. For the value to have increased from £215,000 to £226,293 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 172 ROMAN BANK has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The April 2024 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 172 ROMAN BANK has not materially changed since April 2024.

How Large is 172 ROMAN BANK?

172 ROMAN BANK is 86m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the smallest 50% of semi-detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Skegness, and where 172 ROMAN BANK lies on this distribution: 41% of semi-detached houses houses are smaller than 172 ROMAN BANK, and 58% of houses are larger. Note that EPC data is not available for all properties in Skegness.

172 ROMAN BANK: Plot and Title Map

172 ROMAN BANK sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 172 ROMAN BANK, 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 172 ROMAN BANK). 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 172 ROMAN BANK?

172 ROMAN BANK is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 172 on ROMAN BANK.