22A, ROMAN BANK, SKEGNESS, PE25 2SG - £86,000

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.

22A ROMAN BANK is a very small terraced house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £93,086. It was last sold for £86,000 in November 2021, which was around 37% below the average November 2021 terraced price in the East Lindsey local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was D.

22A ROMAN BANK Sold Prices

Land registry data shows six sales for 22A ROMAN BANK since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. All of the six 22A ROMAN BANK 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
2021 26 NOV	£86,000	£135,807	37% below HPI
2008 11 MAR	£90,000	£98,057	8% below HPI
2004 7 JAN	£50,000	£72,674	31% below HPI
2002 8 MAR	£37,000	£44,903	18% below HPI
2001 19 JAN	£20,000	£36,779	46% below HPI
1999 23 JUL	£25,000	£33,101	24% below HPI

22A 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 six 22A ROMAN BANK sales between July 1999 and November 2021 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 March 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 22A ROMAN BANK be worth now?

22A ROMAN BANK might now be worth an estimated £93,086.

This is based on house price inflation of 8.2%, between November 2021 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 8.2% inflationary increase is applied to the most recent sale price for 22A ROMAN BANK of £86,000 on 26th November 2021. For the value to have increased from £86,000 to £93,086 over the four years and three months to August 2025, the following assumptions must hold true:

• The value of 22A ROMAN BANK has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The November 2021 sale price of £86,000 represented a fair market value for the property.
• The size, condition, and specification of 22A ROMAN BANK has not materially changed since November 2021.

How Large is 22A ROMAN BANK?

22A ROMAN BANK is 54m² according to the EPC inspection conducted in April 2021. 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 22A ROMAN BANK lies on this distribution: 2% of terraced houses houses are smaller than 22A ROMAN BANK, and 98% of houses are larger. Note that EPC data is not available for all properties in Skegness.

22A ROMAN BANK: Plot and Title Map

22A ROMAN BANK sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 22A 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 22A 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 22A ROMAN BANK?

22A ROMAN BANK is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 22A on ROMAN BANK.