5, ROMAN BANK, SANDILANDS, MABLETHORPE, LN12 2RJ - £180,000

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

5 ROMAN BANK is a large extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £180,000 in May 2016, which was around 6% below the average May 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

5 ROMAN BANK Sold Prices

Land registry data shows four sales for 5 ROMAN BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. two of the four 5 ROMAN BANK sales were for below the average price, and four 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
2016 17 MAY	£180,000	£191,921	6% below HPI
2008 22 DEC	£166,000	£165,039	1% above HPI
2008 7 NOV	£175,000	£170,004	3% above HPI
1997 19 SEP	£52,000	£62,540	17% below HPI

5 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 four 5 ROMAN BANK sales between September 1997 and May 2016 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 December 2008 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2016 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 5 ROMAN BANK?

5 ROMAN BANK is 104m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses in Sandilands, based on EPC data. The below chart shows the distribution of detached houses by size in Sandilands, and where 5 ROMAN BANK lies on this distribution: 68% of detached houses are smaller than 5 ROMAN BANK, and 31% of houses are larger. Note that EPC data is not available for all properties in Sandilands.

5 ROMAN BANK: Plot and Title Map

5 ROMAN BANK sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of 5 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 5 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 5 ROMAN BANK?

5 ROMAN BANK is located in SANDILANDS, in the LN12 postcode district. The below map shows the position of No. 5 on ROMAN BANK.