5 South Road, Chapel St Leonards, Skegness, PE24 5TH is a freehold detached property built between 1900-1929. The property offers approximately 1,195 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 £233,413 , which equates to approximately £195 per square foot. It was last sold on 7 Sep 2016 for £164,000. Since then, the value has increased by £69,413, representing a 42.3% increase, or approximately 4.6% per year.

The current estimated value of £233,413 is:

  • 42.3% higher than the average property price on South Road
  • 27.4% higher than the average in the PE24 5TH postcode area
  • and 3.7% 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 11 September 2014, the property was recorded as owner-occupied.

View sold house prices in PE24 5TH

Building approximate location

About Property

Type
Detached Bungalow
Built
1900-1929
Interior Size
1195 sq ft
Tenure
Freehold
Price (estimate)
£233,413
Price Per sq ft (estimate)
£195
Bedroom Count (estimate)
4 bedrooms

EPC Summary

5 South Road, Chapel St Leonards, Skegness, East Lindsey, Lincolnshire, PE24 5TH has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 11 Sep 2014.

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 23 Mar 2011, when the property was rated D. The current rating of F reflects a decline in energy efficiency of 42.1%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as from main system, no cylinder thermostat.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, no insulation, changing energy efficiency from good to very poor.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 25% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, no insulation
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 25% of fixed outlets
Average

Compared to PE24 5TH

5 th / 23
Price Rank
27% higher than average
4 th / 15
Size Rank
47% bigger than average
11 th / 15
Price Per Sq FT Rank
14% lower than average

Compared to other properties in PE24 5TH , this bungalow's estimated value ranks 5th out of 23. Based on price per square foot, it ranks 11th out of 15 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 15 properties in its postcode area.

Sale History

Today
£233,413
streetscan.co.uk estimate
+42 %
7 Sep 2016
£164,000
Leasehold
+31.2 %
1 May 2012
£125,000
Leasehold
-10.7 %
12 Aug 2010
£140,000
Leasehold
+20.7 %
22 Nov 2006
£116,000
Leasehold
+19.6 %
26 Jun 2006
£97,000
Leasehold
+40.6 %
3 Dec 2002
£69,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1334 sq ft
sale price: £136,000
sale date: 6 Jun 2016
rooms: 5
size: 1141 sq ft
sale price: £130,000
sale date: 8 Jul 2004
rooms: 5
size: 1275 sq ft
sale price: £44,500
sale date: 10 May 1996
rooms: 6
size: 1195 sq ft
sale price: £280,000
sale date: 26 Jun 2019
rooms: 5
size: 1206 sq ft
sale price: £125,000
sale date: 20 Feb 2018

Data Sources

The property at 5 South Road, Chapel St Leonards, Skegness, PE24 5TH appears six times in the Land Registry records, with the latest transaction recorded on 7 Sep 2016. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Sep 2014. 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.