238, ROMAN BANK, SKEGNESS, PE25 1DY - £240,000

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

238 ROMAN BANK is a very large extended detached house of 138m², built sometime between 1967 and 1975. It was last sold for £240,000 in April 2019, which was around 9% above the average April 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

238 ROMAN BANK Sold Prices

Land registry data shows two sales for 238 ROMAN BANK 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 238 ROMAN BANK sales were for above 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
2019 17 APR	£240,000	£220,042	9% above HPI
2014 2 JUL	£182,500	£174,550	5% above HPI

238 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 two 238 ROMAN BANK sales from July 2014 and April 2019 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 July 2014 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2019 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 238 ROMAN BANK?

238 ROMAN BANK is 138m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 238 ROMAN BANK lies on this distribution: 81% of detached houses are smaller than 238 ROMAN BANK, and 19% of houses are larger. Note that EPC data is not available for all properties in Skegness.

238 ROMAN BANK: Plot and Title Map

238 ROMAN BANK sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 238 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 238 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 238 ROMAN BANK?

238 ROMAN BANK is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 238 on ROMAN BANK.