5, Chapel Close
5, Chapel Close
Description & Estimates
5, Chapel Close, Skegness is recorded publicly as a mid-century freehold house across 1,237 ft2 of internal area, sitting on a 633 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Chapel Close, Skegness is £235,972 and its rental estimate is £1,071 per month, given the available information and assuming reasonable condition.
Chapel Close, Chapel St. Leonards, Skegness, PE24 falls within the PE24 postal district, in the borough of East Lindsey.
Our Data Sources
5, Chapel Close, Skegness has 2 entries in the Land Registry , most recently in November 2015 and a single entry in the EPC database dated July 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Chapel Close, Skegness, we estimate a market value of £247,771 and a rental value of £1,125 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £219,454 and £996 per month respectively.
Recent Market Change
Over the last year, 5, Chapel Close, Skegness has seen its estimated sale value move down by £8,806 (3.7%) and its estimated rental value increase by £32 per month (3.0%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 5, Chapel Close, Skegness as measuring 633 m2.
That makes it the 3rd largest plot in the postcode, where 8 of the 12 other houses have recorded plot data.
Energy Efficiency
5, Chapel Close, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Jul 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 5, Chapel Close, Skegness completed on 23rd November 2015 at £170,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 42.5% over the period since November 2015.
- Sold Nov 2015£170,000
- Sold May 2010£142,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Chapel Close, Skegness have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th September 2023, was 46, Acacia Avenue, Skegness, PE24 5RE, a freehold house which sold for £300,000.
Read more about house prices in PE24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 12 addresses on Chapel Close, Chapel St. Leonards, Skegness, PE24, 5, Chapel Close, Skegness comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £28k more expensive than the average property across the PE24 district.
More reading links
Schools Nearby
- 1.1kmChapel St Leonards Primary School
- 2.6kmHogsthorpe Primary Academy
- 4.1kmIngoldmells Academy
- 9.0kmSkegness Academy
- 9.3kmSkegness Grammar School
- 10.6kmJohn Spendluffe Foundation Technology College
More reading links
Public Transport Nearby
From 5, Chapel Close, Skegness, the nearest station is Skegness, 10.0 kilometres away.
- 10.0kmSkegness
- 13.8kmHavenhouse
- 15.2kmThorpe Culvert
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated high, based on Environment Agency data.
