194 Lincoln Road, Skegness, PE25 2PB is a freehold detached property built between 1967-1975. The property offers approximately 689 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £179,282 , which equates to approximately £260 per square foot. It was last sold on 23 Mar 2021 for £153,000. Since then, the value has increased by £26,282, representing a 17.2% increase, or approximately 3.6% per year.

The current estimated value of £179,282 is:

  • 7.8% lower than the average property price on Lincoln Road
  • 13.4% lower than the average in the PE25 2PB postcode area
  • and 26.0% lower than the average price for Skegness as a whole

At the most recent EPC inspection on 3 October 2019, the property was recorded as owner-occupied.

View sold house prices in PE25 2PB

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
689 sq ft
Tenure
Freehold
Price (estimate)
£179,282
Price Per sq ft (estimate)
£260
Bedroom Count (estimate)
2 bedrooms

EPC Summary

194 Lincoln Road, Skegness, East Lindsey, Lincolnshire, PE25 2PB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 3 Oct 2019.

This property uses electric storage heaters 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 28 Nov 2008, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 96%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 100mm loft insulation to pitched, 250 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PE25 2PB

14 th / 16
Price Rank
13% lower than average
11 th / 14
Size Rank
14% smaller than average
6 th / 14
Price Per Sq FT Rank
1% higher than average

Compared to other properties in PE25 2PB , this bungalow's estimated value ranks 14th out of 16. Based on price per square foot, it ranks 6th out of 14 properties. In terms of size, this home ranks 11th out of 14 properties in its postcode area.

Sale History

Today
£179,282
streetscan.co.uk estimate
+17 %
23 Mar 2021
£153,000
Leasehold
+27.5 %
12 Nov 2008
£120,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 764 sq ft
sale price: £238,000
sale date: 2 Nov 2022
rooms: 4
size: 678 sq ft
sale price: £136,100
sale date: 26 Sep 2014
rooms: 4
size: 742 sq ft
sale price: £136,000
sale date: 24 Jun 2009
rooms: 3
size: 700 sq ft
sale price: £95,000
sale date: 2 Aug 2024
rooms: 3
size: 689 sq ft
sale price: £179,950
sale date: 21 Dec 2022

Data Sources

The property at 194 Lincoln Road, Skegness, PE25 2PB appears two times in the Land Registry records, with the latest transaction recorded on 23 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Oct 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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