4, MONTGOMERY ROAD, SKEGNESS, PE25 2EX - £175,000

4 MONTGOMERY ROAD is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £175,000 in March 2023, which was around 38% below the average March 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

4 MONTGOMERY ROAD Sold Prices

Land registry data shows two sales for 4 MONTGOMERY ROAD 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 4 MONTGOMERY ROAD 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
2023 30 MAR	£175,000	£280,333	38% below HPI
2001 28 SEP	£56,000	£85,238	34% below HPI

4 MONTGOMERY ROAD 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 4 MONTGOMERY ROAD sales from September 2001 and March 2023 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 September 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 4 MONTGOMERY ROAD?

4 MONTGOMERY ROAD is 68m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 4 MONTGOMERY ROAD lies on this distribution: 16% of detached houses are smaller than 4 MONTGOMERY ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Skegness.

4 MONTGOMERY ROAD: Plot and Title Map

4 MONTGOMERY ROAD sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 4 MONTGOMERY ROAD, 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 4 MONTGOMERY ROAD). 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 4 MONTGOMERY ROAD?

4 MONTGOMERY ROAD is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 4 on MONTGOMERY ROAD.