16 South Road, Chapel St Leonards, Skegness, PE24 5TH is a freehold detached property built between 1967-1975. The property offers approximately 1,334 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £194,431 , which equates to approximately £146 per square foot. It was last sold on 6 Jun 2016 for £136,000. Since then, the value has increased by £58,431, representing a 43.0% increase, or approximately 4.5% per year.

The current estimated value of £194,431 is:

  • 18.5% higher than the average property price on South Road
  • 6.1% higher than the average in the PE24 5TH postcode area
  • and 19.8% lower than the average price for Skegness as a whole

At the most recent EPC inspection on 18 November 2011, the property was recorded as owner-occupied.

View sold house prices in PE24 5TH

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
1334 sq ft
Tenure
Freehold
Price (estimate)
£194,431
Price Per sq ft (estimate)
£146
Bedroom Count (estimate)
4 bedrooms

EPC Summary

16 South Road, Chapel St Leonards, Skegness, East Lindsey, Lincolnshire, PE24 5TH has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 18 Nov 2011.

This property uses an oil-fired boiler with radiators as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 10% of fixed outlets
Poor

Compared to PE24 5TH

6 th / 23
Price Rank
6% higher than average
2 nd / 15
Size Rank
65% bigger than average
14 th / 15
Price Per Sq FT Rank
36% lower than average

Compared to other properties in PE24 5TH , this bungalow's estimated value ranks 6th out of 23. Based on price per square foot, it ranks 14th out of 15 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 2nd out of 15 properties in its postcode area.

Sale History

Today
£194,431
streetscan.co.uk estimate
+43 %
6 Jun 2016
£136,000
Leasehold
+189.4 %
9 Sep 1996
£47,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1195 sq ft
sale price: £164,000
sale date: 7 Sep 2016
rooms: 5
size: 1141 sq ft
sale price: £130,000
sale date: 8 Jul 2004
rooms: 5
size: 1275 sq ft
sale price: £44,500
sale date: 10 May 1996
rooms: 6
size: 1195 sq ft
sale price: £280,000
sale date: 26 Jun 2019
rooms: 5
size: 1206 sq ft
sale price: £125,000
sale date: 20 Feb 2018

Data Sources

The property at 16 South Road, Chapel St Leonards, Skegness, PE24 5TH appears two times in the Land Registry records, with the latest transaction recorded on 6 Jun 2016. It also has a single Energy Performance Certificate (EPC) from 18 Nov 2011. 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.