306, ROMAN BANK, SKEGNESS, PE25 1QP - £122,000

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

306 ROMAN BANK is a small detached house of 77m², built sometime between 1967 and 1975. It was last sold for £122,000 in October 2011, which was around 26% below the average October 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was C.

306 ROMAN BANK Sold Prices

Land registry data shows three sales for 306 ROMAN BANK 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 306 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
2011 18 OCT	£122,000	£165,645	26% below HPI
2010 10 FEB	£115,000	£165,476	31% below HPI
2004 15 OCT	£160,000	£167,136	4% below HPI

306 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 three 306 ROMAN BANK sales between October 2004 and October 2011 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 February 2010 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2011 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 306 ROMAN BANK?

306 ROMAN BANK is 77m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 306 ROMAN BANK lies on this distribution: 30% of detached houses are smaller than 306 ROMAN BANK, and 70% of houses are larger. Note that EPC data is not available for all properties in Skegness.

306 ROMAN BANK: Plot and Title Map

306 ROMAN BANK sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 306 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 306 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 306 ROMAN BANK?

306 ROMAN BANK is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 306 on ROMAN BANK.