1, FALDOS WAY, MABLETHORPE, LN12 1NF - £165,000

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 FALDOS WAY is a very small detached house of 53m², built sometime between 1991 and 1995. It was last sold for £165,000 in July 2021, which was around 31% below the average July 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

1 FALDOS WAY Sold Prices

Land registry data shows two sales for 1 FALDOS 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 FALDOS 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
2021 7 JUL	£165,000	£239,638	31% below HPI
2003 13 JUN	£109,000	£133,913	19% below HPI

1 FALDOS 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 FALDOS WAY sales from June 2003 and July 2021 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 June 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 FALDOS WAY?

1 FALDOS WAY is 53m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% 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 FALDOS WAY lies on this distribution: 6% of detached houses are smaller than 1 FALDOS WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

1 FALDOS WAY: Plot and Title Map

1 FALDOS WAY sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 1 FALDOS 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 FALDOS 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 FALDOS WAY?

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