38 Well Vale Drive, Chapel St Leonards, Skegness, PE24 5SE is a freehold detached property built between 1996-2002. The property offers approximately 1,367 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 £309,390 , which equates to approximately £226 per square foot. It was last sold on 17 Jan 2020 for £240,000. Since then, the value has increased by £69,390, representing a 28.9% increase, or approximately 4.9% per year.

The current estimated value of £309,390 is:

  • 14.9% higher than the average property price on Well Vale Drive
  • 11.6% higher than the average in the PE24 5SE postcode area
  • and 31.8% higher 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 22 January 2015, the property was recorded as owner-occupied.

View sold house prices in PE24 5SE

Building approximate location

About Property

Type
Detached Bungalow
Built
1996-2002
Interior Size
1367 sq ft
Tenure
Freehold
Price (estimate)
£309,390
Price Per sq ft (estimate)
£226
Bedroom Count (estimate)
4 bedrooms

EPC Summary

38 Well Vale Drive, Chapel St Leonards, Skegness, East Lindsey, Lincolnshire, PE24 5SE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 Jan 2015.

This property uses an electric boiler with radiators 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 22 Jan 2015. The rating of D remains the same, but the energy efficiency score improved by 6.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
Heating Type
Boiler and radiators, electric
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to PE24 5SE

4 th / 45
Price Rank
12% higher than average
2 nd / 31
Size Rank
35% bigger than average
22 nd / 31
Price Per Sq FT Rank
17% lower than average

Compared to other properties in PE24 5SE , this bungalow's estimated value ranks 4th out of 45. Based on price per square foot, it ranks 22th out of 31 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 31 properties in its postcode area.

Sale History

Today
£309,390
streetscan.co.uk estimate
+29 %
17 Jan 2020
£240,000
Leasehold
+23.1 %
23 Jun 2015
£195,000
Leasehold
+50 %
2 Jul 2002
£130,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1281 sq ft
sale price: £200,000
sale date: 7 Feb 2025
rooms: 6
size: 1270 sq ft
sale price: £270,000
sale date: 10 May 2024
rooms: 7
size: 1345 sq ft
sale price: £255,000
sale date: 15 Sep 2021
rooms: 6
size: 1302 sq ft
sale price: £262,000
sale date: 28 Jun 2021
rooms: 6
size: 1292 sq ft
sale price: £262,000
sale date: 15 Apr 2021

Data Sources

The property at 38 Well Vale Drive, Chapel St Leonards, Skegness, PE24 5SE appears three times in the Land Registry records, with the latest transaction recorded on 17 Jan 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Jan 2015. 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.