274 Drummond Road, Skegness, PE25 3AT is a freehold detached property built between 1950-1966. The property offers approximately 2,497 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £375,698 , which equates to approximately £150 per square foot. It was last sold on 15 Nov 2019 for £310,000. Since then, the value has increased by £65,698, representing a 21.2% increase, or approximately 3.5% per year.

The current estimated value of £375,698 is:

  • 30.0% higher than the average property price on Drummond Road
  • 6.6% lower than the average in the PE25 3AT postcode area
  • and 55.0% higher than the average price for Skegness as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (4 out of 4 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 14 October 2018, the property was recorded as owner-occupied.

View sold house prices in PE25 3AT

Building approximate location

About Property

Type
Detached House
Built
1950-1966
Interior Size
2497 sq ft
Tenure
Freehold
Price (estimate)
£375,698
Price Per sq ft (estimate)
£150
Bedroom Count (estimate)
6 bedrooms

EPC Summary

274 Drummond Road, Skegness, East Lindsey, Lincolnshire, PE25 3AT has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 14 Oct 2018.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Jan 2017, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 67.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 250 mm loft insulation, improving energy efficiency from very poor to good.
  • The lighting was updated from low energy lighting in 44% of fixed outlets to low energy lighting in 97% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 97% of fixed outlets
Very Good

Compared to PE25 3AT

2 nd / 16
Price Rank
7% lower than average
1 st / 12
Size Rank
66% bigger than average
9 th / 12
Price Per Sq FT Rank
44% lower than average

Compared to other properties in PE25 3AT , this house's estimated value ranks 2nd out of 16. Based on price per square foot, it ranks 9th 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 1st out of 12 properties in its postcode area.

Sale History

Today
£375,698
streetscan.co.uk estimate
+21 %
15 Nov 2019
£310,000
Leasehold
+148 %
27 Mar 1998
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 10
size: 2637 sq ft
sale price: £300,000
sale date: 14 Oct 2022
rooms: 8
size: 2659 sq ft
sale price: £355,000
sale date: 14 Dec 2018
rooms: 9
size: 2405 sq ft
sale price: £375,000
sale date: 14 Jan 2014
rooms: 10
size: 2158 sq ft
sale price: £203,000
sale date: 17 Aug 2012
rooms: 8
size: 2486 sq ft
sale price: £220,000
sale date: 28 Aug 2008

Data Sources

The property at 274 Drummond Road, Skegness, PE25 3AT appears two times in the Land Registry records, with the latest transaction recorded on 15 Nov 2019. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Oct 2018. 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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