Mill Lane - PE24 5NP
Key Postcode Insights
PE24 5NP is a residential postcode situated on Mill Lane, Hogsthorpe, Skegness, PE24 with 3 addresses.
It ranks as the 196th largest and 1002nd most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £242,157
- 10 Year change
- up 39.5%
- Ave. Rental Price
- £1,184pcm
- 10 Year change
- up 35.7%
- Ave. £ per ft²
- £167/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
PE24 5NP is a residential postcode situated on Mill Lane, Hogsthorpe, Skegness, PE24 with 3 addresses.
It ranks as the 196th largest and 1002nd most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £242,157
- 10 Year change
- up 39.5%
- Ave. Rental Price
- £1,184pcm
- 10 Year change
- up 35.7%
- Ave. £ per ft²
- £167/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin PE24 5NP
Sales Market Trends
The last sale in PE24 5NP sold for £290,000 on 6th April 2023. Since then prices are down an average of 6.4%.
The current average value in the postcode is £242,157.
The PE24 5NP Sales Market has increased by 39.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £242,157 |
| June 2025 | -0.4% | £247,754 |
| June 2024 | -2.9% | £248,824 |
| June 2023 | 2.9% | £256,318 |
| June 2022 | 13.8% | £249,172 |
| June 2021 | 8.9% | £218,931 |
| June 2020 | 1.4% | £201,041 |
| June 2019 | 4.1% | £198,265 |
| June 2018 | 3.6% | £190,379 |
| June 2017 | 5.8% | £183,690 |
| June 2016 | 3.4% | £173,581 |
| June 2015 | 5.1% | £167,820 |
| June 2014 | 4.5% | £159,614 |
| June 2013 | -1.8% | £152,727 |
| June 2012 | 0.8% | £155,564 |
| June 2011 | -2.5% | £154,380 |
| June 2010 | 2.5% | £158,272 |
| June 2009 | -8.5% | £154,462 |
| June 2008 | -2.4% | £168,834 |
| June 2007 | 0% | £172,923 |
Rental Market Trends
The current average rental value in the postcode is £1,184.
The PE24 5NP Rental Market has increased by 35.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,184pcm |
| June 2025 | 5.3% | £1,139pcm |
| June 2024 | 2.6% | £1,081pcm |
| June 2023 | 5.2% | £1,054pcm |
| June 2022 | 8.7% | £1,002pcm |
| June 2021 | 3.4% | £922pcm |
| June 2020 | 0.5% | £892pcm |
| June 2019 | -0.4% | £887pcm |
| June 2018 | 0.3% | £891pcm |
| June 2017 | 1.7% | £888pcm |
| June 2016 | 2.7% | £873pcm |
| June 2015 | 3.1% | £850pcm |
| June 2014 | 1.4% | £824pcm |
| June 2013 | 0.9% | £813pcm |
| June 2012 | 0.5% | £806pcm |
| June 2011 | 1.9% | £802pcm |
| June 2010 | 9.5% | £787pcm |
| June 2009 | -4.6% | £719pcm |
| June 2008 | 0.3% | £753pcm |
| June 2007 | 0% | £751pcm |
Sales History
The last sale was on 6th April 2023 for £290,000 and since then the market in the area has decreased by 6.4%. The postcode has had a total of 7 sales since 1995.
PE24 5NP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2023£290,000 | 4 Bed HouseSandygate, Mill Lane, Skegness, PE24 5NPSandygate, Mill Lane, Skegness, PE24 5NP
- Sold May 2021£230,000 | 4 Bed HouseSandygate, Mill Lane, Skegness, PE24 5NPSandygate, Mill Lane, Skegness, PE24 5NP
- Sold Aug 2017£215,000 | 4 Bed HouseSandygate, Mill Lane, Skegness, PE24 5NPSandygate, Mill Lane, Skegness, PE24 5NP
- Sold Jan 2016£200,000 | 4 Bed HouseSandygate, Mill Lane, Skegness, PE24 5NPSandygate, Mill Lane, Skegness, PE24 5NP
- Sold Oct 2011£167,500 | 4 Bed HouseHunters Keep, Mill Lane, Skegness, PE24 5NPHunters Keep, Mill Lane, Skegness, PE24 5NP
Nearby Postcodes
PE24 5NP is the 196th largest and the 1002nd most expensive postcode out of the 1,182 postcodes in the PE24 area.
- PE24 5NN, Mill Lane, Hogsthorpe, Skegness, PE24PE24 5NN12 Addresses|253 m away
- PE24 5RZ, Sea Road, Chapel St. Leonards, Skegness, PE24PE24 5RZ4 Addresses|295 m away
- PE24 5QG, Sea Lane, Hogsthorpe, Skegness, PE24PE24 5QG2 Addresses|390 m away
- PE24 5NL, Mill Lane, Hogsthorpe, Skegness, PE24PE24 5NL8 Addresses|437 m away
- PE24 5NJ, Mill Lane Close, Hogsthorpe, Skegness, PE24PE24 5NJ12 Addresses|525 m away
Property Types
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- modern house (1)
- mid-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Jun 2021£387,500 | 4 Bed House9, Mill Lane, Skegness, PE24 5NF9, Mill Lane, Skegness, PE24 5NF
- Sold Oct 2020£305,000 | 4 Bed HouseSandy Lodge, Mill Lane, Skegness, PE24 5NNSandy Lodge, Mill Lane, Skegness, PE24 5NN
- Sold Apr 2023£290,000 | 4 Bed HouseSandygate, Mill Lane, Skegness, PE24 5NPSandygate, Mill Lane, Skegness, PE24 5NP
Schools Nearby
- Hogsthorpe Primary Academy900 m away
- Chapel St Leonards Primary School1.3 km away
- Ingoldmells Academy3.4 km away
- Skegness Academy8.1 km away
- Skegness Grammar School8.4 km away
- John Spendluffe Foundation Technology College9.3 km away
More reading links
Public Transport Nearby
The closest station to PE24 5NP is Skegness station, which is 9.1 kilometres away.
- Skegness|9.1 km away
- Havenhouse|12.4 km away
- Thorpe Culvert|13.4 km away
- Wainfleet|14.1 km away
