72 Lumley Avenue, Skegness, PE25 2TH is a freehold other property built between 1930-1949. The property offers approximately 721 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £58,451 , which equates to approximately £81 per square foot. It was last sold on 12 May 2017 for £48,000. Since then, the value has increased by £10,451, representing a 21.8% increase, or approximately 2.5% per year.

The current estimated value of £58,451 is:

  • 73.1% lower than the average property price on Lumley Avenue
  • 72.5% lower than the average in the PE25 2TH postcode area
  • and 75.9% lower than the average price for Skegness as a whole

View sold house prices in PE25 2TH

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
721 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£58,451
Price Per sq ft (estimate)
£81
Bedroom Count (estimate)
2 bedrooms

EPC Summary

72 Lumley Avenue, Skegness, East Lindsey, Lincolnshire, PE25 2TH has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 31 May 2019.

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 14 Jul 2017, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 16.3%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PE25 2TH

27 th / 27
Price Rank
72% lower than average
16 th / 18
Size Rank
40% smaller than average
17 th / 18
Price Per Sq FT Rank
54% lower than average

Compared to other properties in PE25 2TH , this flat's estimated value ranks 27th out of 27. Based on price per square foot, it ranks 17th out of 18 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 16th out of 18 properties in its postcode area.

Sale History

Today
£58,451
streetscan.co.uk estimate
+22 %
12 May 2017
£48,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 667 sq ft
sale price: £77,500
sale date: 9 Mar 2021
rooms: 4
size: 1076 sq ft
sale price: £136,000
sale date: 5 Aug 2014
rooms: 5
size: 1096 sq ft
sale price: £90,000
sale date: 1 Jul 2013
rooms: 5
size: 1033 sq ft
sale price: £101,500
sale date: 16 Feb 2016
rooms: 5
size: 1033 sq ft
sale price: £155,000
sale date: 18 Jul 2019

Data Sources

The property at 72 Lumley Avenue, Skegness, East Lindsey, Lincolnshire, PE25 2TH appears once in the Land Registry records, with the transaction recorded on 12 May 2017. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 31 May 2019. 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.