334, ROMAN BANK, SKEGNESS, PE25 1QP - £200,000

334 ROMAN BANK is a small extended detached house of 80m², built sometime between 1930 and 1949. It was last sold for £200,000 in August 2021, which was around 18% below the average August 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

334 ROMAN BANK Sold Prices

Land registry data shows four sales for 334 ROMAN BANK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 334 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 20 AUG	£200,000	£243,899	18% below HPI
2020 12 MAR	£140,000	£214,010	35% below HPI
2011 9 SEP	£133,000	£168,640	21% below HPI
2009 4 SEP	£90,000	£165,486	46% below HPI

334 ROMAN BANK 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 four 334 ROMAN BANK sales between September 2009 and August 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 2020 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 334 ROMAN BANK?

334 ROMAN BANK is 80m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 334 ROMAN BANK lies on this distribution: 33% of detached houses are smaller than 334 ROMAN BANK, and 66% of houses are larger. Note that EPC data is not available for all properties in Skegness.

334 ROMAN BANK: Plot and Title Map

334 ROMAN BANK sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 334 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 334 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 334 ROMAN BANK?

334 ROMAN BANK is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 334 on ROMAN BANK.