Melbourne Grasmere Avenue, Chapel St Leonards, Skegness, PE24 5TZ is a freehold detached property built between 1950-1966. The property offers approximately 904 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £168,378 , which equates to approximately £186 per square foot. It was last sold on 20 Nov 2018 for £132,000. Since then, the value has increased by £36,378, representing a 27.6% increase, or approximately 3.9% per year.

The current estimated value of £168,378 is:

  • 0.5% higher than the average property price on Grasmere Avenue
  • 8.0% higher than the average in the PE24 5TZ postcode area
  • and 28.2% 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 27 February 2017, the property was recorded as owner-occupied.

View sold house prices in PE24 5TZ

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
904 sq ft
Tenure
Freehold
Price (estimate)
£168,378
Price Per sq ft (estimate)
£186
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Melbourne Grasmere Avenue, Chapel St Leonards, Skegness, East Lindsey, Lincolnshire, PE24 5TZ has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 27 Feb 2017.

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 18 Jan 2017. The rating of F remains the same, but the energy efficiency score improved by 9.4%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from average to poor.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 75 mm loft insulation, with no change in energy efficiency (average).
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to PE24 5TZ

2 nd / 10
Price Rank
8% higher than average
3 rd / 6
Size Rank
4% bigger than average
2 nd / 6
Price Per Sq FT Rank
4% higher than average

Compared to other properties in PE24 5TZ , this bungalow's estimated value ranks 2nd out of 10. Based on price per square foot, it ranks 2nd out of 6 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 3rd out of 6 properties in its postcode area.

Sale History

Today
£168,378
streetscan.co.uk estimate
+28 %
20 Nov 2018
£132,000
Leasehold
+17.3 %
3 Jul 2015
£112,500
Leasehold
+10.3 %
15 Oct 2008
£102,000
Leasehold
-23 %
11 May 2007
£132,500
Leasehold
+10.4 %
2 Nov 2006
£120,000
Leasehold
0 %
25 May 2005
£120,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 797 sq ft
sale price: £120,000
sale date: 19 Nov 2019

Data Sources

The property at Melbourne Grasmere Avenue, Chapel St Leonards, Skegness, PE24 5TZ appears six times in the Land Registry records, with the latest transaction recorded on 20 Nov 2018. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Feb 2017. 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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