186, ROMAN BANK, SKEGNESS, PE25 1SF - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

186 ROMAN BANK is a large detached house of 127m², built sometime between 1950 and 1966. It was last sold for £175,000 in May 2015, which was around 3% below the average May 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

186 ROMAN BANK Sold Prices

Land registry data shows four sales for 186 ROMAN BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 186 ROMAN BANK 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
2015 27 MAY	£175,000	£179,959	3% below HPI
2012 12 APR	£130,000	£160,464	19% below HPI
2004 4 OCT	£152,000	£167,136	9% below HPI
2001 3 JAN	£69,000	£77,428	11% below HPI

186 ROMAN BANK 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 four 186 ROMAN BANK sales between January 2001 and May 2015 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 April 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2015 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 186 ROMAN BANK?

186 ROMAN BANK is 127m² according to the EPC inspection conducted in March 2012. This puts it in the largest 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 186 ROMAN BANK lies on this distribution: 75% of detached houses are smaller than 186 ROMAN BANK, and 25% of houses are larger. Note that EPC data is not available for all properties in Skegness.

186 ROMAN BANK: Plot and Title Map

186 ROMAN BANK sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 186 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 186 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 186 ROMAN BANK?

186 ROMAN BANK is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 186 on ROMAN BANK.