The Bungalow Fen Bank Lane

    THE BUNGALOW, FEN BANK LANE, WAINFLEET, SKEGNESS, PE24 4LE

    This detached freehold property on Fen Bank Lane last sold in October 2022 for £150,000. Based on price growth in the PE24 district since then, its estimated current value is £146,349 — placing it in the 12th percentile nationally and the 16th percentile within PE24. The property covers 79 m² (850 sq ft), giving an estimated value of £1,853 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £150,000

    Oct 2022

    Estimated Valuation

    £146,349

    Est. £/sq ft

    £172/sq ft

    £1,853/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateNov 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    28 Oct 2022

    £150,000

    4 Sept 2020

    £160,000

    Key Metrics

    Estimated valuation£146,349
    Value per sq ft / m²£172/sq ft (£1,853/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE24 district percentile16th percentile
    National percentile12th 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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