416, ROMAN BANK, SKEGNESS, PE25 1RL - £95,000

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.

416 ROMAN BANK is a midsized extended semi-detached house of 104m², built sometime between 1930 and 1949, which could now be worth an estimated £132,577. It was last sold for £95,000 in October 2015, which was around 25% below the average October 2015 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

416 ROMAN BANK Sold Prices

Land registry data shows three sales for 416 ROMAN BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 416 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
2015 16 OCT	£95,000	£126,809	25% below HPI
2006 4 DEC	£120,000	£121,707	1% below HPI
1996 27 MAR	£38,000	£33,967	12% above HPI

416 ROMAN BANK Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 416 ROMAN BANK sales between March 1996 and October 2015 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 December 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 416 ROMAN BANK be worth now?

416 ROMAN BANK might now be worth an estimated £132,577.

This is based on house price inflation of 39.6%, between October 2015 and June 2025, for semi-detached 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 39.6% inflationary increase is applied to the most recent sale price for 416 ROMAN BANK of £95,000 on 16th October 2015. For the value to have increased from £95,000 to £132,577 over the ten years and four months to June 2025, the following assumptions must hold true:

• The value of 416 ROMAN BANK has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The October 2015 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 416 ROMAN BANK has not materially changed since October 2015.

How Large is 416 ROMAN BANK?

416 ROMAN BANK is 104m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 50% of semi-detached houses houses in Skegness, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Skegness, and where 416 ROMAN BANK lies on this distribution: 59% of semi-detached houses houses are smaller than 416 ROMAN BANK, and 41% of houses are larger. Note that EPC data is not available for all properties in Skegness.

416 ROMAN BANK: Plot and Title Map

416 ROMAN BANK sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 416 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 416 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 416 ROMAN BANK?

416 ROMAN BANK is located in SKEGNESS, in the PE25 postcode district. The below map shows the position of No. 416 on ROMAN BANK.