19, MONTGOMERY ROAD, SKEGNESS, PE25 2EX - £232,500

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

19 MONTGOMERY ROAD is a very small detached house of 38m², built sometime between 1983 and 1990. It was last sold for £232,500 in May 2024, which was around 17% below the average May 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

19 MONTGOMERY ROAD Sold Prices

Land registry data shows two sales for 19 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 19 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
2024 24 MAY	£232,500	£280,166	17% below HPI
2019 2 AUG	£120,000	£221,272	46% below HPI

19 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 19 MONTGOMERY ROAD sales from August 2019 and May 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 August 2019 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2024 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 19 MONTGOMERY ROAD?

19 MONTGOMERY ROAD is 38m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 19 MONTGOMERY ROAD lies on this distribution: Less than 1% of detached houses are smaller than 19 MONTGOMERY ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Skegness.

19 MONTGOMERY ROAD: Plot and Title Map

19 MONTGOMERY ROAD sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 19 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 19 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 19 MONTGOMERY ROAD?

19 MONTGOMERY ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 19 on MONTGOMERY ROAD.