2, MONTGOMERY ROAD, SKEGNESS, PE25 2EX - £160,000

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.

2 MONTGOMERY ROAD is a very small detached house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £169,199. It was last sold for £160,000 in June 2024, which was around 41% below the average June 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

2 MONTGOMERY ROAD Sold Prices

Land registry data shows three sales for 2 MONTGOMERY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 2 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 11 JUN	£160,000	£270,689	41% below HPI
2003 1 SEP	£55,000	£135,930	60% below HPI
1995 18 AUG	£44,000	£55,461	21% below HPI

2 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 three 2 MONTGOMERY ROAD sales between August 1995 and June 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 September 2003 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the June 2024 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 2 MONTGOMERY ROAD be worth now?

2 MONTGOMERY ROAD might now be worth an estimated £169,199.

This is based on house price inflation of 5.7%, between June 2024 and February 2025, for 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 5.7% inflationary increase is applied to the most recent sale price for 2 MONTGOMERY ROAD of £160,000 on 11th June 2024. For the value to have increased from £160,000 to £169,199 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 2 MONTGOMERY ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2024 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MONTGOMERY ROAD has not materially changed since June 2024.

How Large is 2 MONTGOMERY ROAD?

2 MONTGOMERY ROAD is 57m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skegness, and where 2 MONTGOMERY ROAD lies on this distribution: 4% of detached houses houses are smaller than 2 MONTGOMERY ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Skegness.

2 MONTGOMERY ROAD: Plot and Title Map

2 MONTGOMERY ROAD sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 2 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 2 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 2 MONTGOMERY ROAD?

2 MONTGOMERY ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 2 on MONTGOMERY ROAD.