1, CHELTENHAM WAY, MABLETHORPE, LN12 2AX - £270,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 CHELTENHAM WAY is a midsized extended detached house of 84m², built sometime between 1991 and 1995, which could now be worth an estimated £268,092. It was last sold for £270,000 in December 2022, which was around 6% below the average December 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

1 CHELTENHAM WAY Sold Prices

Land registry data shows two sales for 1 CHELTENHAM 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 CHELTENHAM 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 9 DEC	£270,000	£288,289	6% below HPI
2001 4 DEC	£71,000	£93,670	24% below HPI

1 CHELTENHAM 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 CHELTENHAM WAY sales from December 2001 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 December 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 1 CHELTENHAM WAY be worth now?

1 CHELTENHAM WAY might now be worth an estimated £268,092.

This is based on house price deflation of 0.7%, between December 2022 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% deflationary decrease is applied to the most recent sale price for 1 CHELTENHAM WAY of £270,000 on 9th December 2022. For the value to have decreased from £270,000 to £268,092 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 CHELTENHAM WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2022 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHELTENHAM WAY has not materially changed since December 2022.

How Large is 1 CHELTENHAM WAY?

1 CHELTENHAM WAY is 84m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 50% of detached houses houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mablethorpe, and where 1 CHELTENHAM WAY lies on this distribution: 58% of detached houses houses are smaller than 1 CHELTENHAM WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

1 CHELTENHAM WAY: Plot and Title Map

1 CHELTENHAM WAY sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 1 CHELTENHAM 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 CHELTENHAM 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 CHELTENHAM WAY?

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