2 Fairburn Close, Chapel St Leonards, Skegness, PE24 5YT is a freehold detached property built between 1967-1975. The property offers approximately 732 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 £223,163 , which equates to approximately £305 per square foot. It was last sold on 17 Feb 2014 for £135,000. Since then, the value has increased by £88,163, representing a 65.3% increase, or approximately 5.5% per year.

The current estimated value of £223,163 is:

  • 8.2% higher than the average property price on Fairburn Close
  • 8.1% higher than the average in the PE24 5YT postcode area
  • and 4.9% lower than the average price for Skegness as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 21 August 2023, the property was recorded as rented.

View sold house prices in PE24 5YT

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
732 sq ft
Tenure
Freehold
Price (estimate)
£223,163
Price Per sq ft (estimate)
£305
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 Fairburn Close, Chapel St Leonards, Skegness, East Lindsey, Lincolnshire, PE24 5YT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Aug 2023.

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 30 Sep 2013. The rating of C is unchanged, though the energy efficiency score decreased by 10.1%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 150 mm loft insulation, changing energy efficiency from very good to good.
  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 150 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 PE24 5YT

7 th / 12
Price Rank
8% higher than average
5 th / 12
Size Rank
0% same size than average
6 th / 12
Price Per Sq FT Rank
8% higher than average

Compared to other properties in PE24 5YT , this bungalow's estimated value ranks 7th out of 12. Based on price per square foot, it ranks 6th out of 12 properties. In terms of size, this home ranks 5th out of 12 properties in its postcode area.

Sale History

Today
£223,163
streetscan.co.uk estimate
+65 %
17 Feb 2014
£135,000
Leasehold
+217.6 %
26 Oct 1998
£42,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 721 sq ft
sale price: £180,000
sale date: 22 Jul 2024
rooms: 5
size: 764 sq ft
sale price: £135,000
sale date: 24 Jun 2024
rooms: 5
size: 721 sq ft
sale price: £143,000
sale date: 27 Jan 2017
rooms: 5
size: 818 sq ft
sale price: £140,000
sale date: 3 Apr 2013
rooms: 5
size: 744 sq ft
sale price: £100,000
sale date: 1 Oct 2012

Data Sources

The property at 2 Fairburn Close, Chapel St Leonards, Skegness, PE24 5YT appears two times in the Land Registry records, with the latest transaction recorded on 17 Feb 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Aug 2023. 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.