49, ALGITHA ROAD, SKEGNESS, PE25 2AJ - £200,000

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.

49 ALGITHA ROAD is a detached house, which could now be worth an estimated £193,950. It was last sold for £200,000 in October 2022, which was around 30% below the average October 2022 detached price in the East Lindsey local authority area.

49 ALGITHA ROAD Sold Prices

Land registry data shows two sales for 49 ALGITHA 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 49 ALGITHA 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
2022 28 OCT	£200,000	£283,963	30% below HPI
2018 28 NOV	£200,000	£221,088	10% below HPI

What might 49 ALGITHA ROAD be worth now?

49 ALGITHA ROAD might now be worth an estimated £193,950.

This is based on house price deflation of 3%, between October 2022 and May 2026, for 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 3% deflationary decrease is applied to the most recent sale price for 49 ALGITHA ROAD of £200,000 on 28th October 2022. For the value to have decreased from £200,000 to £193,950 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 49 ALGITHA ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2022 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 49 ALGITHA ROAD has not materially changed since October 2022.

Where is 49 ALGITHA ROAD?

49 ALGITHA ROAD is located in SKEGNESS, in the PE25 postcode district.