2, Higholm Cottages Matt Pit Lane, Wainfleet, Skegness, PE24 4LY is a freehold flat built between 1930-1949. The property offers approximately 816 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £120,475 , which equates to approximately £147 per square foot. It was last sold on 28 Oct 2005 for £98,500. Since then, the value has increased by £21,975, representing a 22.3% increase, or approximately 1.1% per year.

The current estimated value of £120,475 is:

  • 53.0% lower than the average property price on Matt Pits Lane
  • 47.5% lower than the average in the PE24 4LY postcode area
  • and 48.7% lower than the average price for Skegness as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. 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 4 January 2010, the property was recorded as owner-occupied.

View sold house prices in PE24 4LY

Building approximate location

About Property

Type
Semi-Detached House
Built
1930-1949
Interior Size
816 sq ft
Tenure
Freehold
Price (estimate)
£120,475
Price Per sq ft (estimate)
£147
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2, Higholm Cottages Matt Pit Lane, Wainfleet, Skegness, East Lindsey, Lincolnshire, PE24 4LY has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 4 Jan 2010.

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.

The previous EPC assessment was conducted on 12 May 2009, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 42.9%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system, no cylinderstat to from main system, no cylinder thermostat, with no change in energy efficiency (poor).
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 75 mm loft insulation, improving energy efficiency from very poor to average.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was changed from low energy lighting in 33% of fixed outlets to low energy lighting in 25% of fixed outlets, with no change in efficiency (average).
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 25% of fixed outlets
Average

Compared to PE24 4LY

12 th / 12
Price Rank
47% lower than average
4 th / 4
Size Rank
31% smaller than average
4 th / 4
Price Per Sq FT Rank
23% lower than average

Compared to other properties in PE24 4LY , this house's estimated value ranks 12th out of 12. Based on price per square foot, it ranks 4th out of 4 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 4th out of 4 properties in its postcode area.

Sale History

Today
£120,475
streetscan.co.uk estimate
+22 %
28 Oct 2005
£98,500
Leasehold

Area Insights

Nearby Properties

rooms: 8
size: 2013 sq ft
sale price: £230,000
sale date: 14 Dec 2021
rooms: 5
size: 1367 sq ft
sale price: £310,000
sale date: 24 Jun 2021
rooms: 4
size: 829 sq ft
sale price: £120,000
sale date: 18 Jul 2016

Data Sources

The property at 2, Higholm Cottages Matt Pit Lane, Wainfleet, Skegness, East Lindsey, Lincolnshire, PE24 4LY appears once in the Land Registry records, with the transaction recorded on 28 Oct 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Jan 2010. 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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