1, CHAMPION WAY, MABLETHORPE, LN12 2EJ - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CHAMPION WAY is a small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £220,000 in December 2022, which was around 23% below the average December 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

1 CHAMPION WAY Sold Prices

Land registry data shows two sales for 1 CHAMPION WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 1 CHAMPION WAY 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
2022 12 DEC	£220,000	£284,149	23% below HPI
2000 27 NOV	£53,500	£76,227	30% below HPI

1 CHAMPION WAY 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 two 1 CHAMPION WAY sales from November 2000 and December 2022 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 November 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 CHAMPION WAY?

1 CHAMPION WAY is 68m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 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 CHAMPION WAY lies on this distribution: 32% of detached houses are smaller than 1 CHAMPION WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

1 CHAMPION WAY: Plot and Title Map

1 CHAMPION WAY sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 1 CHAMPION WAY, 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 CHAMPION WAY). 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 1 CHAMPION WAY?

1 CHAMPION WAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 1 on CHAMPION WAY.