366, ROMAN BANK, SKEGNESS, PE25 1RJ - £240,000

366 ROMAN BANK is a large extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £240,000 in May 2021, which was around 2% above the average May 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

366 ROMAN BANK Sold Prices

Land registry data shows five sales for 366 ROMAN BANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the five 366 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
2021 7 MAY	£240,000	£235,278	2% above HPI
2014 26 MAR	£105,000	£169,075	38% below HPI
2007 26 FEB	£140,000	£180,905	23% below HPI
2006 9 FEB	£110,000	£167,207	34% below HPI
1997 19 SEP	£40,000	£62,540	36% below HPI

366 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 five 366 ROMAN BANK sales between September 1997 and May 2021 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 March 2014 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2021 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 366 ROMAN BANK?

366 ROMAN BANK is 120m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 30% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 366 ROMAN BANK lies on this distribution: 69% of detached houses are smaller than 366 ROMAN BANK, and 30% of houses are larger. Note that EPC data is not available for all properties in Skegness.

366 ROMAN BANK: Plot and Title Map

366 ROMAN BANK sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 366 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 366 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 366 ROMAN BANK?

366 ROMAN BANK is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 366 on ROMAN BANK.