225, ROMAN BANK, SKEGNESS, PE25 1SG - £75,000

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.

225 ROMAN BANK is a small extended terraced house of 76m², built sometime between 1900 and 1929, which could now be worth an estimated £96,477. It was last sold for £75,000 in November 2018, which was around 34% below the average November 2018 terraced price in the East Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

225 ROMAN BANK Sold Prices

Land registry data shows three sales for 225 ROMAN BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. Two of the three 225 ROMAN BANK sales were for below the average price, whilst one was 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
2018 23 NOV	£75,000	£114,274	34% below HPI
2006 10 NOV	£70,000	£96,936	28% below HPI
1995 27 OCT	£30,000	£27,214	10% above HPI

225 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 three 225 ROMAN BANK sales between October 1995 and November 2018 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 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 225 ROMAN BANK be worth now?

225 ROMAN BANK might now be worth an estimated £96,477.

This is based on house price inflation of 28.6%, between November 2018 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 28.6% inflationary increase is applied to the most recent sale price for 225 ROMAN BANK of £75,000 on 23rd November 2018. For the value to have increased from £75,000 to £96,477 over the seven years and three months to August 2025, the following assumptions must hold true:

• The value of 225 ROMAN BANK has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The November 2018 sale price of £75,000 represented a fair market value for the property.
• The size, condition, and specification of 225 ROMAN BANK has not materially changed since November 2018.

How Large is 225 ROMAN BANK?

225 ROMAN BANK is 76m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% 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 225 ROMAN BANK lies on this distribution: 27% of terraced houses houses are smaller than 225 ROMAN BANK, and 72% of houses are larger. Note that EPC data is not available for all properties in Skegness.

225 ROMAN BANK: Plot and Title Map

225 ROMAN BANK sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 225 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 225 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 225 ROMAN BANK?

225 ROMAN BANK is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 225 on ROMAN BANK.