51, ALGITHA ROAD, SKEGNESS, PE25 2AJ - £130,000

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.

51 ALGITHA ROAD is a very large extended detached house of 176m², built sometime between 1930 and 1949, which could now be worth an estimated £275,880. It was last sold for £130,000 in May 2003, which was about the average May 2003 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was C.

51 ALGITHA ROAD Sold Prices

Land registry data shows one sale for 51 ALGITHA ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2003 2 MAY	£130,000	£129,761	Close to HPI

What might 51 ALGITHA ROAD be worth now?

51 ALGITHA ROAD might now be worth an estimated £275,880.

This is based on house price inflation of 112.2%, between May 2003 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 112.2% inflationary increase is applied to the most recent sale price for 51 ALGITHA ROAD of £130,000 on 2nd May 2003. For the value to have increased from £130,000 to £275,880 over the 23 years to May 2026, the following assumptions must hold true:

• The value of 51 ALGITHA ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2003 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 51 ALGITHA ROAD has not materially changed since May 2003.

How Large is 51 ALGITHA ROAD?

51 ALGITHA ROAD is 176m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 10% of detached houses in Skegness, based on EPC data. The below chart shows the distribution of detached houses by size in Skegness, and where 51 ALGITHA ROAD lies on this distribution: 92% of detached houses are smaller than 51 ALGITHA ROAD, and 8% of detached houses are larger. Note that EPC data is not available for all properties in Skegness.

51 ALGITHA ROAD: Plot

51 ALGITHA ROAD sits on a plot of roughly 0.054 of an acre, or 220m².

Where is 51 ALGITHA ROAD?

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