8 Parliament Close, Skegness, PE25 1GP is a leasehold flat built between 2007-2011. The property offers approximately 592 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £86,597 , which equates to approximately £146 per square foot. It was last sold on 12 Mar 2021 for £80,000. Since then, the value has increased by £6,597, representing a 8.2% increase, or approximately 1.7% per year.

The current estimated value of £86,597 is:

  • 23.2% lower than the average property price on Parliament Close
  • 23.9% lower than the average in the PE25 1GP postcode area
  • and 63.1% lower 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 14 October 2020, the property was recorded as owner-occupied.

View sold house prices in PE25 1GP

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
592 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£86,597
Price Per sq ft (estimate)
£146
Bedroom Count (estimate)
1 bedroom

EPC Summary

8 Parliament Close, Skegness, East Lindsey, Lincolnshire, PE25 1GP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Oct 2020.

This property uses electric storage heaters 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 10 Nov 2009. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PE25 1GP

16 th / 29
Price Rank
24% lower than average
16 th / 27
Size Rank
8% smaller than average
12 th / 27
Price Per Sq FT Rank
17% lower than average

Compared to other properties in PE25 1GP , this flat's estimated value ranks 16th out of 29. Based on price per square foot, it ranks 12th out of 27 properties. In terms of size, this home ranks 16th out of 27 properties in its postcode area.

Sale History

Today
£86,597
streetscan.co.uk estimate
+8 %
12 Mar 2021
£80,000
Leasehold
+5.3 %
1 Apr 2011
£76,000
Leasehold
-20.4 %
1 Nov 2007
£95,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 646 sq ft
sale price: £95,000
sale date: 25 Nov 2024
rooms: 3
size: 570 sq ft
sale price: £97,000
sale date: 11 Oct 2023
rooms: 3
size: 549 sq ft
sale price: £103,000
sale date: 11 Apr 2023
rooms: 3
size: 624 sq ft
sale price: £95,000
sale date: 30 Nov 2022
rooms: 3
size: 592 sq ft
sale price: £95,000
sale date: 8 Aug 2022

Data Sources

The property at 8 Parliament Close, Skegness, PE25 1GP appears three times in the Land Registry records, with the latest transaction recorded on 12 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Oct 2020. 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.