24, KIPLING DRIVE, SANDILANDS, MABLETHORPE, LN12 2RF - £145,000

24 KIPLING DRIVE is a very small detached house of 59m², built sometime between 1976 and 1982. It was last sold for £145,000 in February 2016, which was around 23% below the average February 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

24 KIPLING DRIVE Sold Prices

Land registry data shows four sales for 24 KIPLING DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 24 KIPLING DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 5 FEB	£145,000	£187,232	23% below HPI
2003 16 DEC	£129,995	£144,620	10% below HPI
2002 12 DEC	£115,000	£117,463	2% below HPI
2001 5 FEB	£70,000	£76,870	9% below HPI

24 KIPLING DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The four 24 KIPLING DRIVE sales between February 2001 and February 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 24 KIPLING DRIVE?

24 KIPLING DRIVE is 59m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Sandilands, based on EPC data. The below chart shows the distribution of detached houses by size in Sandilands, and where 24 KIPLING DRIVE lies on this distribution: 3% of detached houses are smaller than 24 KIPLING DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Sandilands.

24 KIPLING DRIVE: Plot and Title Map

24 KIPLING DRIVE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 24 KIPLING DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 24 KIPLING DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 24 KIPLING DRIVE?

24 KIPLING DRIVE is located in SANDILANDS, in the LN12 postcode district. The below map shows the position of No. 24 on KIPLING DRIVE.