# 23 WICKENBY WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GR

## Property details

- Slug: `02598b9` (address key hash: `02598b95336991fe1db0fe6865e59c42192b8938`)
- Postcode: PE25 1GR
- Transactions on record: 3

- Tenure: Freehold
- Property type: Detached
- Bedrooms: 3
- Bathrooms: 2
- Floor area: 111 m²
- EPC rating: C
- Year built: England and Wales: 2003-2006
- Last sold: £300,000 Feb 2026
- Price per m²: £2,703/m²
- Local average: £261,931 (31 sales)
- Street crime: 4 incidents within 1 mile (May 2026)

## Latest sale

- Price: £300,000
- Date: 2026-02-10
- Type: D
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 03/04/2035
- **Current heating cost:** £713/year
- **Est. upgrade cost to C:** £9,500

### Recommendations
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0540-3048-7204-4085-7200)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-02-10 | £300,000 | Detached | +46.3% | £294,124 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/4c1b673f-515d-d8ea-e063-4704a8c0bf7d) |
| Sold | 2020-06-26 | £205,000 | Detached | +12.3% | £254,843 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/ae4d86d4-2917-4619-e053-6c04a8c03cd0) |
| Sold | 2012-05-31 | £182,500 | Detached | — | £303,954 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/d46c46ee-597c-4cb5-a353-4a9937171020) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 23 WICKENBY WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GR | £300,000 | 10/02/2026 | Detached |
| 23 WICKENBY WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GR | £205,000 | 26/06/2020 | Detached |
| 23 WICKENBY WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GR | £182,500 | 31/05/2012 | Detached |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [160276910](http://87.117.209.195:8080/listings/e5657f9)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £300,000 |
| listed | 2025-04-04 | £325,000 |
| sold | 2020-01-01 | £205,000 |
| sold | 2012-01-01 | £182,500 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 22 WICKENBY WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GR | £330,000 | 16/12/2025 | Detached |
| 79 BEACON PARK DRIVE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1HE | £242,000 | 12/12/2025 | Detached |
| 20 ST MARYS ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2LT | £270,000 | 08/12/2025 | Detached |
| 10 HARROW ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GH | £232,500 | 20/11/2023 | Detached |
| 18 BLYTON ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1HG | £226,000 | 16/11/2023 | Detached |
| 6 ST VALENTINES WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2NG | £245,000 | 05/12/2022 | Detached |
| 1 WICKENBY WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GR | £355,000 | 16/11/2022 | Detached |
| 7 MULBERRY WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GD | £300,000 | 04/11/2022 | Detached |
| 17 WICKENBY WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GR | £225,000 | 28/10/2022 | Detached |
| 18 ST MARYS ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2LT | £235,000 | 11/08/2022 | Detached |
| 55 BEACON PARK DRIVE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1HE | £335,000 | 11/05/2022 | Detached |
| 7 NORMANBY ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2DQ | £335,000 | 14/04/2022 | Detached |
| 26 ST MARYS ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2LT | £330,000 | 25/03/2022 | Detached |
| 2 ST HUBERTS DRIVE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2LS | £300,000 | 23/03/2022 | Detached |
| 2 HUCKLES WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GT | £197,000 | 18/03/2022 | Detached |
| 15 ST VALENTINES WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2NG | £205,000 | 29/11/2021 | Detached |
| 8 HARROW ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GH | £199,950 | 23/09/2021 | Detached |
| 27 BEACON PARK DRIVE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1HE | £217,000 | 01/09/2021 | Detached |
| 11 WINSTON DRIVE, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2RE | £200,000 | 10/08/2021 | Detached |
| 9 NORMANBY ROAD, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 2DQ | £230,000 | 29/07/2021 | Detached |

**Area average:** £260,473 (20 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 24%
- **10y growth:** 40%

## House Price Index (HM Land Registry)

*Official index for East Lindsey; Detached series; as of April 2026.*

- **1y growth (index):** 2.7%
- **5y growth (index):** 16.8%
- **10y growth (index):** 43.7%

## Rental Range

*ONS Price Index of Private Rents (East Lindsey). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £625/mo
- **Realistic:** £694/mo
- **Optimistic:** £763/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Wolds and Coast (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Blyton Road, PE25 | £975/mo | 3 | 0.13 miles | OpenRent |
| 3 Bed Semi-Detached House, Hoylake Drive, PE25 | £950/mo | 3 | 0.66 miles | OpenRent |
| 3 Bed Detached House, Cavendish Road, PE25 | £765/mo | 3 | 0.79 miles | OpenRent |
| 3 Bed Semi-Detached House, Queens Road, PE25 | £995/mo | 3 | 0.9 miles | OpenRent |

**Average rent: £921/mo (4 listings)**

## 1% Rule

- **Rent ratio:** 0.32% (weak for cashflow)
- **Max investor price (0.8%):** £120,375
- **Target investor price (1%):** £96,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £963/mo).*

- **Gross yield:** 3.9%
- **Cost-to-rent:** 26×
- **Monthly cashflow:** £-340/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -4.7%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 3 |
| Drugs | 1 |
| **Total incidents** | **4** |

*Within 1 mile during May 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Beacon Primary Academy | Primary | 0.3 miles | Good — 30 Nov 2016 |
| Skegness Academy | Secondary | 0.5 miles | Requires improvement — 30 Jan 2024 |
| Skegness Grammar School | Secondary | 0.7 miles | Good — 19 Oct 2021 |
| Seathorne Primary Academy | Primary | 0.7 miles | Good — 14 Jul 2016 |
| Skegness Junior Academy | Primary | 0.7 miles | Good — 15 Jul 2014 |