8, Green Lane
8, Green Lane
Description & Estimates
Public records show 8, Green Lane, Skegness to be an early-century freehold house with 1,560 ft2 of internal area, sitting on a 292 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
8, Green Lane, Skegness has an estimated sale value of £236,495 and an estimated rental value of £1,095 per month, assuming reasonable condition and based on the information available.
Green Lane, Skegness, PE25 lies in the borough of East Lindsey, within the PE25 postal district.
Our Data Sources
8, Green Lane, Skegness has 3 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated December 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 8, Green Lane, Skegness would be worth £248,320, with a potential rental value of £1,150 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £219,940, with a rental value of £1,018 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Green Lane, Skegness has declined by £10,603 (4.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £28 (2.6%). The property's estimated gross yield is currently 5.6%.
Plot Size
8, Green Lane, Skegness occupies a 292 m2 plot as recorded by HM Land Registry.
All 9 other houses in this postcode have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
8, Green Lane, Skegness has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Green Lane, Skegness last changed hands on 13th September 2021, selling for £220,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 13.1% since September 2021.
- Sold Sep 2021£220,000
- Sold Mar 2016£85,000
- Sold Nov 2013£125,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 8, Green Lane, Skegness across the last 2 years.
Most recently, 76, Laythorpe Avenue, Skegness, PE25 3BZ, a freehold house, sold at £205,000 on the 24th July 2024.
Read more about house prices in PE25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 8, Green Lane, Skegness as the 2nd largest and the 4th most expensive of the 9 addresses on Green Lane, Skegness, PE25.
Against the PE25 postcode district average, it is £5k more expensive than the typical property.
More reading links
Schools Nearby
- 1.0kmThe Richmond Primary Academy
- 1.9kmSkegness Infant Academy
- 2.0kmSkegness Junior Academy
- 2.0kmSkegness Grammar School
- 2.3kmSkegness Academy
- 17.0kmKing Edward VI Academy
More reading links
Public Transport Nearby
Skegness station is the nearest stop to 8, Green Lane, Skegness at 1.4 kilometres away.
- 1.4kmSkegness
- 4.6kmHavenhouse
- 7.3kmWainfleet
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
