219, ROMAN BANK, SKEGNESS, PE25 1SG - £139,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

219 ROMAN BANK is a very small terraced house of 60m², built sometime between 1983 and 1990, which could now be worth an estimated £138,267. It was last sold for £139,000 in August 2022, which was around 6% below the average August 2022 terraced price in the East Lindsey local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

219 ROMAN BANK Sold Prices

Land registry data shows five sales for 219 ROMAN BANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. Most of the five 219 ROMAN BANK sales 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
2022 26 AUG	£139,000	£147,776	6% below HPI
2008 8 FEB	£120,000	£98,562	22% above HPI
2005 1 DEC	£84,500	£93,271	9% below HPI
2002 22 MAR	£49,500	£44,903	10% above HPI
1998 18 NOV	£37,000	£32,468	14% above HPI

219 ROMAN BANK Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Lindsey local authority area over time, sourced from the HPI. The five 219 ROMAN BANK sales between November 1998 and August 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 February 2008 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 219 ROMAN BANK be worth now?

219 ROMAN BANK might now be worth an estimated £138,267.

This is based on house price deflation of 0.5%, between August 2022 and August 2025, for terraced houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.5% deflationary decrease is applied to the most recent sale price for 219 ROMAN BANK of £139,000 on 26th August 2022. For the value to have decreased from £139,000 to £138,267 over the three years to August 2025, the following assumptions must hold true:

• The value of 219 ROMAN BANK has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The August 2022 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 219 ROMAN BANK has not materially changed since August 2022.

How Large is 219 ROMAN BANK?

219 ROMAN BANK is 60m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of terraced houses houses in Skegness, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Skegness, and where 219 ROMAN BANK lies on this distribution: 6% of terraced houses houses are smaller than 219 ROMAN BANK, and 93% of houses are larger. Note that EPC data is not available for all properties in Skegness.

219 ROMAN BANK: Plot and Title Map

219 ROMAN BANK sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 219 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 219 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 219 ROMAN BANK?

219 ROMAN BANK is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 219 on ROMAN BANK.