1 Mill Lane, Hogsthorpe, Skegness, PE24 5NF is a freehold detached property built between 1930-1949. The property offers approximately 915 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £130,623 , which equates to approximately £143 per square foot. It was last sold on 9 Nov 2007 for £90,000. Since then, the value has increased by £40,623, representing a 45.1% increase, or approximately 2.5% per year.

The current estimated value of £130,623 is:

  • 45.0% lower than the average property price on Mill Lane
  • 37.2% lower than the average in the PE24 5NF postcode area
  • and 46.1% lower than the average price for Skegness as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 9 March 2015, the property was recorded as owner-occupied.

View sold house prices in PE24 5NF

Building approximate location

About Property

Type
Detached House
Built
1930-1949
Interior Size
915 sq ft
Tenure
Freehold
Price (estimate)
£130,623
Price Per sq ft (estimate)
£143
Bedroom Count (estimate)
3 bedrooms

EPC Summary

1 Mill Lane, Hogsthorpe, Skegness, East Lindsey, Lincolnshire, PE24 5NF has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 20 May 2019.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Mar 2015, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 70.8%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to electric immersion, off-peak, with no change in energy efficiency (poor).
  • The roof construction or insulation changed from pitched, 300 mm loft insulation to pitched, 250 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to solid brick, with internal insulation, improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Solid brick, with internal insulation
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PE24 5NF

18 th / 19
Price Rank
37% lower than average
7 th / 12
Size Rank
6% smaller than average
11 th / 12
Price Per Sq FT Rank
33% lower than average

Compared to other properties in PE24 5NF , this house's estimated value ranks 18th out of 19. Based on price per square foot, it ranks 11th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 7th out of 12 properties in its postcode area.

Sale History

Today
£130,623
streetscan.co.uk estimate
+45 %
9 Nov 2007
£90,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 926 sq ft
sale price: £130,000
sale date: 19 Jan 2015
rooms: 5
size: 1023 sq ft
sale price: £203,158
sale date: 28 Oct 2019
rooms: 5
size: 926 sq ft
sale price: £140,000
sale date: 15 Apr 2008
rooms: 4
size: 872 sq ft
sale price: £36,000
sale date: 13 Jan 1997

Data Sources

The property at 1 Mill Lane, Hogsthorpe, Skegness, East Lindsey, Lincolnshire, PE24 5NF appears once in the Land Registry records, with the transaction recorded on 9 Nov 2007. It also has five Energy Performance Certificates (EPC) entries, the earliest dating back to 20 May 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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