Chapel Lane, Addlethorpe, PE24
NE

Chapel Lane, Addlethorpe, PE24

By Newton Fallowell

£ 259,950

Reviews

3 out of 5 stars

Newton Fallowell says ..

NO CHAIN.  A good size 3 bedroom detached bungalow situated in a popular rural village location just a short drive from Addlethorpe Golf Course and the coast.  With Open Porch, Hall, Kitchen Diner, Lounge, Conservatory, 3 Bedrooms and Bathroom.  To the front is a lawned garden w...

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom detached bungalow located in Addlethorpe, Lincolnshire. The property is situated on a plot of 1,212.40 sqft and has a total area of 1,450 sqft. The asking price is £259,950.

Based on the provided images, the property appears to be in generally good condition, although some aspects of the interior decor and fixtures may be considered dated. The kitchen and bathroom show signs of age, and could benefit from modernisation. The garden appears to be of a reasonable size for a bungalow of this type, offering potential for landscaping and outdoor activities.

The location in Addlethorpe places the property in a peaceful, rural setting, yet relatively close to the coast and the amenities of Skegness. The proximity to Ingoldmells Academy (rated ‘Good’ by Ofsted) is a positive factor for families. However, access to other amenities may require a short drive.

Considering the condition, the size of the plot, and the location, the list price of £259,950 appears to be within the range of comparable properties in the area. However, a detailed comparison with similar properties sold recently would be needed to definitively assess the value. The lack of precise square footage information for comparable properties makes a precise price per square foot comparison difficult.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
7
Land
7
Bedrooms
3
Bathrooms
1
Sqft (est)
1,450.00
Lot (est)
1,212.40

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
282,222.00 £
Decreased by 4.78 %
from 296,398.00 £
Est sale value
397,300.00 £
Increased by 0.74 %
from 394,400.00 £
Average area rental value
1,223.00 £/mo
Increased by 4.80 %
from 1,167.00 £/mo
Est letting value
1,450.00 £/mo
Unchanged by 0.00 %
from 1,450.00 £/mo
Est rental Yield
5.20 %
Increased by 10.17 %
from 4.72 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
Ingoldmells AcademyAcademy Sponsor LedGood1.60 KM
Chapel St Leonards Primary SchoolAcademy Sponsor Led3.75 KM
Hogsthorpe Primary AcademyAcademy ConverterGood4.23 KM
Skegness And Alford Children'S CentreChildren's Centre4.61 KM
Seathorne Primary AcademyAcademy Converter4.62 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Rectory Lane £ 000.00 KM
St Nicholas Close £ 295,00000.00 KM
Mill Road £ 000.00 KM
Chapel Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Skegness6265SKG5.91 KM
Havenhouse6260HVN9.91 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chapel Lane, Addlethorpe, PE24 £ 125,000BUY5 / 100.00 KM
Chapel Lane, Addlethorpe, Skegness £ 270,000BUY6 / 100.00 KM
Chapel Lane, Addlethorpe, Skegness £ 200,000BUY6 / 100.21 KM
Chapel Lane, Addlethorpe, Skegness £ 315,000BUY5 / 100.24 KM
Chapel Lane, Addlethorpe, Skegness £ 280,000BUY6 / 100.24 KM

Nearby Properties

AddressPriceDistance
Wisborough £ 142,5000.00 KM
Marleen £ 109,0000.00 KM
Two Beeches £ 115,0000.00 KM
Abbey Lodge £ 247,5000.00 KM
Swift Lodge £ 237,0000.00 KM