240, ROMAN BANK, SKEGNESS, PE25 1DY - £130,000

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

240 ROMAN BANK is a very large detached house of 148m², built sometime between 1983 and 1990. It was last sold for £130,000 in July 1998, which was around 100% above the average July 1998 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was C.

240 ROMAN BANK Sold Prices

Land registry data shows two sales for 240 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 240 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
1998 17 JUL	£130,000	£65,105	100% above HPI
1995 31 JUL	£93,500	£54,259	72% above HPI

240 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 240 ROMAN BANK sales from July 1995 and July 1998 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 1995 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the July 1998 sale, where it rises to 100% above the HPI. The line then continues to track at 100% above the HPI.

How Large is 240 ROMAN BANK?

240 ROMAN BANK is 148m² according to the EPC inspection conducted in July 2024. 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 240 ROMAN BANK lies on this distribution: 85% of detached houses are smaller than 240 ROMAN BANK, and 15% of houses are larger. Note that EPC data is not available for all properties in Skegness.

240 ROMAN BANK: Plot and Title Map

240 ROMAN BANK sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of 240 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 240 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 240 ROMAN BANK?

240 ROMAN BANK is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 240 on ROMAN BANK.