The Cottage St Michaels Lane

    THE COTTAGE, ST MICHAELS LANE, WAINFLEET ST MARY, SKEGNESS, PE24 4HB

    This semi-detached freehold property on St Michaels Lane last sold in November 2015 for £48,000. Based on price growth in the PE24 district since then, its estimated current value is £71,492 — placing it in the 1st percentile nationally and the 2nd percentile within PE24. The property covers 69 m² (743 sq ft), giving an estimated value of £1,036 per m². The EPC rating is E, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £48,000

    Nov 2015

    Estimated Valuation

    £71,492

    Est. £/sq ft

    £96/sq ft

    £1,036/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fueloil (not community)
    EPC currentE
    EPC potentialA
    Floor area743 sq ft (69 m²)
    EPC dateMar 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    6 Nov 2015

    £48,000

    Key Metrics

    Estimated valuation£71,492
    Value per sq ft / m²£96/sq ft (£1,036/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE24 district percentile2nd percentile
    National percentile1st percentile

    District Context — PE24

    PE24 covers the coastal and rural areas around Hunstanton and surrounding villages in northwest Norfolk. It is a quiet, predominantly residential district with appeal to retirees and those seeking seaside or countryside living.

    Average Property Price - PE24

    £219,039

    17

    National percentile

    Average Net Household Income - PE24

    £27,803

    4

    National percentile

    10-Year Annualised Price Growth - PE24

    3.8%

    59

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE24

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