BLEAK HOUSE, OLD ROMAN BANK, SKEGNESS, PE25 1DT - £129,500

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

BLEAK HOUSE is a midsized extended detached house of 96m², built sometime between 1900 and 1929. It was last sold for £129,500 in May 2020, which was around 41% below the average May 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

BLEAK HOUSE Sold Prices

Land registry data shows two sales for BLEAK HOUSE 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 BLEAK HOUSE 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
2020 22 MAY	£129,500	£218,298	41% below HPI
2004 1 JUN	£102,000	£157,863	35% below HPI

BLEAK HOUSE 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 BLEAK HOUSE sales from June 2004 and May 2020 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 June 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is BLEAK HOUSE?

BLEAK HOUSE is 96m², which includes one extension, according to the EPC inspection conducted in November 2014. 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 BLEAK HOUSE lies on this distribution: 52% of detached houses are smaller than BLEAK HOUSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Skegness.

BLEAK HOUSE: Plot and Title Map

BLEAK HOUSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of BLEAK HOUSE, 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 BLEAK HOUSE). 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 BLEAK HOUSE?

BLEAK HOUSE is located on OLD ROMAN BANK in SKEGNESS, in the PE25 postcode district. The below map shows the position of BLEAK HOUSE on OLD ROMAN BANK.