2 Southwell Drive

    2, SOUTHWELL DRIVE, SKEGNESS, PE25 1FG

    This terraced leasehold property on Southwell Drive last sold in December 2017 for £62,000. Based on price growth in the PE25 district since then, its estimated current value is £69,893 — placing it in the 1st percentile nationally and the 3rd percentile within PE25. The property covers 78 m² (840 sq ft), giving an estimated value of £896 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £62,000

    Dec 2017

    Estimated Valuation

    £69,893

    Est. £/sq ft

    £83/sq ft

    £896/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area840 sq ft (78 m²)
    EPC dateMar 2024
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2017

    £62,000

    19 Dec 2008

    New build

    £55,000

    Key Metrics

    Estimated valuation£69,893
    Value per sq ft / m²£83/sq ft (£896/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE25 district percentile3rd percentile
    National percentile1st percentile

    District Context — PE25

    PE25 covers parts of south Lincolnshire, including areas around Spalding and the surrounding fens. It is a rural district with a strong agricultural and market-town character.

    Average Property Price - PE25

    £195,176

    11

    National percentile

    Average Net Household Income - PE25

    £25,619

    3

    National percentile

    10-Year Annualised Price Growth - PE25

    3.5%

    49

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE25

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