42, Old Wainfleet Road
42, Old Wainfleet Road
Description & Estimates
According to the public record, 42, Old Wainfleet Road, Skegness is a period freehold house with 1,205 ft2 of internal area and sits on a 23,264 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Old Wainfleet Road, Skegness is £171,201 and the estimated rental value is £871 per month.
Old Wainfleet Road, Skegness, PE25 is located in the borough of East Lindsey within the PE25 postal district.
Our Data Sources
42, Old Wainfleet Road, Skegness has 31 entries in the Land Registry , most recently in January 2017 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 42, Old Wainfleet Road, Skegness is in very good condition we estimate a sale value of £179,761 and a rental value of £914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,217 and a rental value of £810 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 42, Old Wainfleet Road, Skegness has dropped by £3,923 (2.3%), while its estimated rental value has risen by £45 per month (5.2%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Plot Size
According to data from HM Land Registry, 42, Old Wainfleet Road, Skegness sits on a plot of 23,264 m2.
We have plot size data on 3 out of 3 other houses in the postcode and 42, Old Wainfleet Road, Skegness sits on the largest plot.
Energy Efficiency
42, Old Wainfleet Road, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 42, Old Wainfleet Road, Skegness was last sold on 16th January 2017 for £142,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since January 2017, the market for similar properties has risen by 74.8%.
- Sold Jan 2017£142,000
- Sold Jul 2015£67,000
- Sold Oct 2003£75,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Old Wainfleet Road, Skegness within a radius of 630 metres over the last 2 years.
The most recent example is 43, Alexandra Road, Skegness, PE25 3QY, a freehold house which sold for £175,000 on the 26th July 2024.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Old Wainfleet Road, Skegness, PE25 has a total of 11 addresses. According to our analysis of all the public data, 42, Old Wainfleet Road, Skegness is the 3rd largest and the most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in PE25.
More reading links
Schools Nearby
- 600mSkegness Infant Academy
- 700mSkegness Junior Academy
- 800mThe Richmond Primary Academy
- 500mSkegness Grammar School
- 700mSkegness Academy
- 15.9kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
The closest station to 42, Old Wainfleet Road, Skegness is Skegness station, which is 400 metres away.
- 400mSkegness
- 5.0kmHavenhouse
- 7.7kmWainfleet
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
