Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 AQUA DRIVE is a large extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £154,250 in March 2017, which was around 24% below the average March 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 AQUA DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 1 AQUA 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 |
---|---|---|---|
2017 27 MAR | £154,250 | £203,019 | 24% below HPI |
2001 3 AUG | £62,500 | £83,628 | 25% below HPI |
1999 23 JUN | £49,500 | £66,527 | 26% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 1 AQUA DRIVE sales between June 1999 and March 2017 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 August 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.
1 AQUA DRIVE is 87m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 40% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 1 AQUA DRIVE lies on this distribution: 63% of detached houses are smaller than 1 AQUA DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.
1 AQUA DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 1 AQUA 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 1 AQUA 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.
1 AQUA DRIVE is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 1 on AQUA DRIVE.