1 Drake Road

    1, DRAKE ROAD, SKEGNESS, PE25 3BH

    This detached freehold property on Drake Road last sold in March 2000 for £180,000. Based on price growth in the PE25 district since then, its estimated current value is £620,427 — placing it in the 87th percentile nationally and the 99th percentile within PE25. The property covers 288 m² (3,100 sq ft), giving an estimated value of £2,154 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,100 sq ft

    288 m²

    Last Sale Price

    £180,000

    Mar 2000

    Estimated Valuation

    £620,427

    Est. £/sq ft

    £200/sq ft

    £2,154/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area3,100 sq ft (288 m²)
    EPC dateJun 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2000

    £180,000

    Key Metrics

    Estimated valuation£620,427
    Value per sq ft / m²£200/sq ft (£2,154/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE25 district percentile99th percentile
    National percentile87th 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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