5, ALGITHA ROAD, SKEGNESS, PE25 2AG - £240,000

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.

5 ALGITHA ROAD is a small terraced house of 60m², built sometime between 1900 and 1929, which could now be worth an estimated £239,364. It was last sold for £240,000 in December 2023, which was around 65% above the average December 2023 terraced price in the East Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

5 ALGITHA ROAD Sold Prices

Land registry data shows one sale for 5 ALGITHA ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the East Lindsey local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 15 DEC	£240,000	£145,235	65% above HPI

What might 5 ALGITHA ROAD be worth now?

5 ALGITHA ROAD might now be worth an estimated £239,364.

This is based on house price deflation of 0.3%, between December 2023 and May 2026, 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 0.3% deflationary decrease is applied to the most recent sale price for 5 ALGITHA ROAD of £240,000 on 15th December 2023. For the value to have decreased from £240,000 to £239,364 over the three years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 ALGITHA ROAD has moved in line with the HPI for terraced houses in the East Lindsey local authority area.
• The December 2023 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ALGITHA ROAD has not materially changed since December 2023.

How Large is 5 ALGITHA ROAD?

5 ALGITHA ROAD is 60m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of terraced houses in Skegness, based on EPC data. The below chart shows the distribution of terraced houses by size in Skegness, and where 5 ALGITHA ROAD lies on this distribution: 20% of terraced houses are smaller than 5 ALGITHA ROAD, and 80% of terraced houses are larger. Note that EPC data is not available for all properties in Skegness.

5 ALGITHA ROAD: Plot

5 ALGITHA ROAD sits on a plot of roughly 0.059 of an acre, or 239m².

Where is 5 ALGITHA ROAD?

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