40 Mayfield Grove, Skegness, PE25 3RY is a freehold detached property built between 1967-1975. The property offers approximately 667 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 £187,050 , which equates to approximately £280 per square foot. It was last sold on 14 May 2021 for £161,000. Since then, the value has increased by £26,050, representing a 16.2% increase, or approximately 3.5% per year.

The current estimated value of £187,050 is:

  • 5.4% lower than the average property price on Mayfield Grove
  • 8.8% lower than the average in the PE25 3RY postcode area
  • and 22.8% lower than the average price for Skegness as a whole

At the most recent EPC inspection on 24 January 2023, the property was recorded as owner-occupied.

View sold house prices in PE25 3RY

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
667 sq ft
Tenure
Freehold
Price (estimate)
£187,050
Price Per sq ft (estimate)
£280
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 Mayfield Grove, Skegness, East Lindsey, Lincolnshire, PE25 3RY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 Jan 2023.

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 triple glazed.

The previous EPC assessment was conducted on 24 Jul 2019. The rating of D remains the same, but the energy efficiency score improved by 3.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from average to very good.
  • The windows were upgraded from fully double glazed to fully triple glazed.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully triple glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PE25 3RY

7 th / 17
Price Rank
9% lower than average
9 th / 12
Size Rank
13% smaller than average
3 rd / 12
Price Per Sq FT Rank
4% higher than average

Compared to other properties in PE25 3RY , this bungalow's estimated value ranks 7th out of 17. Based on price per square foot, it ranks 3rd out of 12 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 9th out of 12 properties in its postcode area.

Sale History

Today
£187,050
streetscan.co.uk estimate
+16 %
14 May 2021
£161,000
Leasehold
+96.3 %
30 Aug 2002
£82,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 657 sq ft
sale price: £210,000
sale date: 7 Nov 2024
rooms: 4
size: 689 sq ft
sale price: £145,000
sale date: 27 Jun 2024
rooms: 3
size: 657 sq ft
sale price: £155,000
sale date: 15 Jul 2020
rooms: 4
size: 689 sq ft
sale price: £109,000
sale date: 29 Mar 2016
rooms: 4
size: 732 sq ft
sale price: £120,000
sale date: 22 Mar 2013

Data Sources

The property at 40 Mayfield Grove, Skegness, PE25 3RY appears two times in the Land Registry records, with the latest transaction recorded on 14 May 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jan 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.