50 Bank Drive

    50, BANK DRIVE, INGOLDMELLS, SKEGNESS, PE25 1LD

    This detached freehold property on Bank Drive last sold in June 2007 for £120,000. Based on price growth in the PE25 district since then, its estimated current value is £165,293 — placing it in the 16th percentile nationally and the 40th percentile within PE25. The property covers 98 m² (1,055 sq ft), giving an estimated value of £1,687 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £120,000

    Jun 2007

    Estimated Valuation

    £165,293

    Est. £/sq ft

    £157/sq ft

    £1,687/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelLPG (not community)
    EPC currentD
    EPC potentialC
    Floor area1,055 sq ft (98 m²)
    EPC dateMar 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    5 Jun 2007

    £120,000

    Key Metrics

    Estimated valuation£165,293
    Value per sq ft / m²£157/sq ft (£1,687/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE25 district percentile40th percentile
    National percentile16th 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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