199, ROMAN BANK, SKEGNESS, PE25 1SD - £167,000

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.

199 ROMAN BANK is a small semi-detached house of 79m², built sometime between 1900 and 1929, which could now be worth an estimated £170,866. It was last sold for £167,000 in November 2022, which was around 12% below the average November 2022 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

199 ROMAN BANK Sold Prices

Land registry data shows five sales for 199 ROMAN BANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 199 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
2022 30 NOV	£167,000	£188,818	12% below HPI
2010 8 APR	£115,000	£117,114	2% below HPI
2004 27 MAY	£82,000	£104,040	21% below HPI
2002 30 AUG	£59,950	£66,907	10% below HPI
1995 30 NOV	£24,500	£35,717	31% below HPI

199 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 five 199 ROMAN BANK sales between November 1995 and November 2022 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 2010 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 199 ROMAN BANK be worth now?

199 ROMAN BANK might now be worth an estimated £170,866.

This is based on house price inflation of 2.3%, between November 2022 and March 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 2.3% inflationary increase is applied to the most recent sale price for 199 ROMAN BANK of £167,000 on 30th November 2022. For the value to have increased from £167,000 to £170,866 over the three years and eight months to March 2025, the following assumptions must hold true:

• The value of 199 ROMAN BANK has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The November 2022 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 199 ROMAN BANK has not materially changed since November 2022.

How Large is 199 ROMAN BANK?

199 ROMAN BANK is 79m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% 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 199 ROMAN BANK lies on this distribution: 32% of semi-detached houses houses are smaller than 199 ROMAN BANK, and 67% of houses are larger. Note that EPC data is not available for all properties in Skegness.

199 ROMAN BANK: Plot and Title Map

199 ROMAN BANK sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 199 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 199 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 199 ROMAN BANK?

199 ROMAN BANK is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 199 on ROMAN BANK.