Sold STC Detached

23 WICKENBY WAY

SKEGNESS, LINCOLNSHIRE PE25 1GR

3 beds 2 baths 111 m² Listed 4 Apr 2025 (-472d)

£325,000

Reduced on 20 Jun 2025

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# 3 bedroom detached house for sale (PE25 1GR)

## Property Details

| Key | Value |
|-----|-------|
| Address | 23 WICKENBY WAY, SKEGNESS, LINCOLNSHIRE PE25 1GR |
| Price | £325,000 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Council tax | D |
| Last sold | £300,000 Feb 2026 |

## 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)

## Description

NO CHAIN.  A beautifully presented modern family home with views over open farmland,  enclosed garden and 23' long Garage in this popular residential area convenient for local shops, doctors and schools.  The accommodation comprises Entrance Hall with W.C, Lounge, 20' Open Plan Kitchen and Living Room with bifold doors opening onto the rear garden, Utility Room, Master Bedroom with En-Suite and Dressing Room (possible 4th Bedroom), 2 further Bedrooms and a family Bathroom.  The property benefits from gas central heating and pvc double glazing.  EPC Rating C

EPC rating: C. Tenure: Freehold,

## Property Photos

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## Floorplans

- ![Floorplan](/listings/photos/160276910/1045900) - Floorplan

## EPC Graphs

- ![EPC Graph](/listings/photos/160276910/1045901) - EPC Graph
- ![EPC Certificate](/listings/photos/160276910/1045902) - EPC Certificate

## 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 |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 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 |
| [Same street] 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 |
| [Same street] 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 |
| [Same street] 13 WICKENBY WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GR | £170,000 | 01/11/2021 | Semi-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 |

**Street average:** £270,000 (4 sales)
**Area average:** £252,909 (17 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £261,931 (31 Detached, PE25, 2024–2026)
- **Deviation:** +24.1%

## 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).*

- **LHA floor (this property size):** £598/mo

## 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:** 0.3% (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:** 3.6%
- **Cost-to-rent:** 28.1×
- **Monthly cashflow:** £-438/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -5.6%

*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).*

## Price per Square Metre

- **£/m²:** £2,928/m²

## Capital growth trend

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

- **5y growth:** 24.8%
- **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%

## 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)

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Property details

Tenure

FREEHOLD

Floor area

111 m²

Council tax band

EPC rating

Last sold

£300,000 Feb 2026

Price per m²

£2,928/m²

Local average

£261,931 (+24.1%)

Street crime

4 incidents within 1 mile (May 2026)

Key features

MODERN FAMILY HOME
BEAUTIFULLY PRESENTED
HALL, W.C & LOUNGE
20' OPEN PLAN KITCHEN & FAMILY ROOM
UTILITY ROOM
MASTER BEDROOM WITH DRESSING ROOM & EN-SUITE
DRIVE & 23' LONG GARAGE
LAWNED GARDENS
NO CHAIN
EPC RATING C

Additional details

Electricity: Mains supply
Water: Mains supply
Sewerage: Mains supply
Heating: Gas central
Parking: Garage
Garden: Private garden
Listed property: No

Description

NO CHAIN. A beautifully presented modern family home with views over open farmland, enclosed garden and 23' long Garage in this popular residential area convenient for local shops, doctors and schools. The accommodation comprises Entrance Hall with W.C, Lounge, 20' Open Plan Kitchen and Living Room with bifold doors opening onto the rear garden, Utility Room, Master Bedroom with En-Suite and Dressing Room (possible 4th Bedroom), 2 further Bedrooms and a family Bathroom. The property benefits from gas central heating and pvc double glazing. EPC Rating C
EPC rating: C. Tenure: Freehold,

Listed by

Skegness

The Property Franchise Group

Reference: 160276910

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 04/04/2025

Expiry date: 03/04/2035

Current heating cost: £713/year

Potential heating cost: £713/year

Est. upgrade cost to C: £9,500

Recommendations

Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Graph

EPC Certificate

Price history

64% since 2012

Event	Date	Price	% change
Sold	10/02/2026 (5 months ago)	£300,000	+46.3%
Sold	26/06/2020 (6 years ago)	£205,000	+12.3%
Sold	31/05/2012 (14 years ago)	£182,500	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
Same street 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
Same street 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
Same street 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
Same street 13 WICKENBY WAY, SKEGNESS, EAST LINDSEY, LINCOLNSHIRE, PE25 1GR	£170,000	01/11/2021	Semi-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

Street average: £270,000 (4 sales)

Area average: £252,909 (17 sales)

Capital growth trend

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

5y growth 24.8%

10y growth 40%

House Price Index (HM Land Registry — official index, not sold-price averages): East Lindsey. Series: Detached. As of April 2026.

1y (index) 2.7%

5y (index) 16.8%

10y (index) 43.7%

Rental Range

Estimated market rent for East Lindsey. Low = conservative, Realistic = average, Optimistic = best case.

Low £625/mo

Realistic £694/mo

Optimistic £763/mo

Based on Local Authority from postcode lookup → East Lindsey.

LHA (30th percentile) floor for Wolds and Coast: £598/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View PE25 1GR

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Harrow Road	0.1 miles
Bus stop	St Marys Road	0.1 miles
Shop	Tangles Hair Studio	0.3 miles
Shop	B&M Bargains	0.5 miles
Hospital	Skegness Hospital	0.9 miles
Train station	Skegness	1.1 miles
Train station	Walls Lane	1.4 miles

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. Data from Get Information about Schools and Ofsted.

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

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)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.3%

Max investor price (0.8%) £120,375

Target investor price (1%) £96,300

Gross yield 3.6%

Cost-to-rent ratio 28.1×

Monthly cashflow £-438/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -5.6%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).