FLAT 1, 4, ALGITHA ROAD, SKEGNESS, PE25 2AG - £100,000

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.

FLAT 1 4 ALGITHA ROAD is a large extended flat of 64m², built sometime between 1930 and 1949, which could now be worth an estimated £108,383. It was last sold for £100,000 in November 2007, which was around 17% above the average November 2007 flat price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

FLAT 1 4 ALGITHA ROAD Sold Prices

Land registry data shows one sale for FLAT 1 4 ALGITHA ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2007 19 NOV	£100,000	£85,150	17% above HPI

What might FLAT 1 4 ALGITHA ROAD be worth now?

FLAT 1 4 ALGITHA ROAD might now be worth an estimated £108,383.

This is based on house price inflation of 8.4%, between November 2007 and May 2026, for flats, 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 8.4% inflationary increase is applied to the most recent sale price for FLAT 1 4 ALGITHA ROAD of £100,000 on 19th November 2007. For the value to have increased from £100,000 to £108,383 over the nineteen years and six months to May 2026, the following assumptions must hold true:

• The value of FLAT 1 4 ALGITHA ROAD has moved in line with the HPI for flats in the East Lindsey local authority area.
• The November 2007 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 4 ALGITHA ROAD has not materially changed since November 2007.

How Large is FLAT 1 4 ALGITHA ROAD?

FLAT 1 4 ALGITHA ROAD is 64m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of flats in Skegness, based on EPC data. 68% of flats are smaller than FLAT 1 4 ALGITHA ROAD, and 30% of flats are larger. Note that EPC data is not available for all properties in Skegness.

FLAT 1 4 ALGITHA ROAD: Plot

FLAT 1 4 ALGITHA ROAD sits on a plot of roughly 0.121 of an acre, or 488m².

Where is FLAT 1 4 ALGITHA ROAD?

FLAT 1, 4 ALGITHA ROAD is located in SKEGNESS, in the PE25 postcode district.