5 Fairburn Close, Chapel St Leonards, Skegness, PE24 5YT is a freehold detached property built between 1967-1975. The property offers approximately 635 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £163,636 , which equates to approximately £258 per square foot. It was last sold on 9 Jun 2010 for £100,000. Since then, the value has increased by £63,636, representing a 63.6% increase, or approximately 4.1% per year.

The current estimated value of £163,636 is:

  • 20.6% lower than the average property price on Fairburn Close
  • 20.7% lower than the average in the PE24 5YT postcode area
  • and 30.3% lower than the average price for Skegness as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 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 9 December 2016, the property was recorded as owner-occupied.

View sold house prices in PE24 5YT

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
635 sq ft
Tenure
Freehold
Price (estimate)
£163,636
Price Per sq ft (estimate)
£258
Bedroom Count (estimate)
1 bedroom

EPC Summary

5 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 9 Dec 2016.

This property uses an oil-fired boiler with radiators 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 22 Aug 2014. The rating of C remains the same, but the energy efficiency score improved by 6.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from good to average, while the heating system type remained the same (boiler and radiators, oil).
  • The hot water energy efficiency changing from good to average, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, no insulation to pitched, 250 mm loft insulation, improving energy efficiency from very poor to good.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PE24 5YT

12 th / 12
Price Rank
21% lower than average
12 th / 12
Size Rank
13% smaller than average
10 th / 12
Price Per Sq FT Rank
9% lower than average

Compared to other properties in PE24 5YT , this bungalow's estimated value ranks 12th out of 12. Based on price per square foot, it ranks 10th 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 12th out of 12 properties in its postcode area.

Sale History

Today
£163,636
streetscan.co.uk estimate
+64 %
9 Jun 2010
£100,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £140,000
sale date: 26 Nov 2013

Data Sources

The property at 5 Fairburn Close, Chapel St Leonards, Skegness, East Lindsey, Lincolnshire, PE24 5YT appears once in the Land Registry records, with the transaction recorded on 9 Jun 2010. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Dec 2016. 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.