Chestnut Cottage Fen Lane, East Keal, Spilsby, PE23 4AY is a freehold detached property built before 1900. The property offers approximately 1,518 square feet of living space. In this location, properties of similar size usually have five bedrooms.

The estimated current market value of the property is £515,197 , which equates to approximately £339 per square foot. It was last sold on 31 Jul 2018 for £410,000. Since then, the value has increased by £105,197, representing a 25.7% increase, or approximately 3.5% per year.

The current estimated value of £515,197 is:

  • 28.4% higher than the average property price on Fen Lane
  • 17.8% higher than the average in the PE23 4AY postcode area
  • and 156.1% higher than the average price for Spilsby 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 22 October 2024, the property was recorded as owner-occupied.

View sold house prices in PE23 4AY

Building approximate location

About Property

Type
Detached Bungalow
Built
before 1900
Interior Size
1518 sq ft
Tenure
Freehold
Price (estimate)
£515,197
Price Per sq ft (estimate)
£339
Bedroom Count (estimate)
5 bedrooms

EPC Summary

Chestnut Cottage Fen Lane, East Keal, Spilsby, East Lindsey, Lincolnshire, PE23 4AY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 22 Oct 2024.

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 2 Jul 2014, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 20%.

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 system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from poor to average.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 400+ mm loft insulation, improving energy efficiency from average to very good.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 46% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system
Average
Roof
Pitched, 400+ mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PE23 4AY

7 th / 39
Price Rank
18% higher than average
18 th / 30
Size Rank
10% smaller than average
3 rd / 30
Price Per Sq FT Rank
31% higher than average

Compared to other properties in PE23 4AY , this bungalow's estimated value ranks 7th out of 39. Based on price per square foot, it ranks 3rd out of 30 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 18th out of 30 properties in its postcode area.

Sale History

Today
£515,197
streetscan.co.uk estimate
+26 %
31 Jul 2018
£410,000
Leasehold
+9 %
11 Apr 2016
£376,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1604 sq ft
sale price: £400,000
sale date: 5 Nov 2024
rooms: 5
size: 1292 sq ft
sale price: £332,000
sale date: 25 Feb 2021
rooms: 6
size: 1615 sq ft
sale price: £337,500
sale date: 29 Jan 2021
rooms: 5
size: 1389 sq ft
sale price: £242,000
sale date: 16 Sep 2016
rooms: 5
size: 1464 sq ft
sale price: £225,000
sale date: 16 Mar 2010

Data Sources

The property at Chestnut Cottage Fen Lane, East Keal, Spilsby, PE23 4AY appears two times in the Land Registry records, with the latest transaction recorded on 31 Jul 2018. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Oct 2024. 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.


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