7, MONTGOMERY ROAD, SKEGNESS, PE25 2EX - £264,750

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

7 MONTGOMERY ROAD is a midsized detached house of 94m², built sometime between 1976 and 1982. It was last sold for £264,750 in April 2022, which was about the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was C.

7 MONTGOMERY ROAD Sold Prices

Land registry data shows two sales for 7 MONTGOMERY ROAD 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. One of the two 7 MONTGOMERY ROAD sales was roughly equal to the average price, whilst the other was 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
2022 21 APR	£264,750	£264,293	Close to HPI
2013 29 NOV	£115,000	£165,133	30% below HPI

7 MONTGOMERY ROAD 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 7 MONTGOMERY ROAD sales from November 2013 and April 2022 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 November 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 7 MONTGOMERY ROAD?

7 MONTGOMERY ROAD is 94m² according to the EPC inspection conducted in December 2021. This puts it in the largest 50% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 7 MONTGOMERY ROAD lies on this distribution: 49% of detached houses are smaller than 7 MONTGOMERY ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Skegness.

7 MONTGOMERY ROAD: Plot and Title Map

7 MONTGOMERY ROAD sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 7 MONTGOMERY ROAD, 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 7 MONTGOMERY ROAD). 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 7 MONTGOMERY ROAD?

7 MONTGOMERY ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 7 on MONTGOMERY ROAD.