1, IVEL CLOSE, MABLETHORPE, LN12 1NA - £170,000

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 IVEL CLOSE is a small detached house of 62m², built sometime between 2003 and 2006. It was last sold for £170,000 in December 2019, which was around 24% below the average December 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

1 IVEL CLOSE Sold Prices

Land registry data shows three sales for 1 IVEL CLOSE since 1^st 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 IVEL CLOSE 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
2019 3 DEC	£170,000	£222,986	24% below HPI
2016 15 DEC	£149,950	£197,369	24% below HPI
1998 22 SEP	£49,995	£65,381	24% below HPI

1 IVEL CLOSE 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 three 1 IVEL CLOSE sales between September 1998 and December 2019 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 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2019 sale, which was also at 24% below the HPI.

How Large is 1 IVEL CLOSE?

1 IVEL CLOSE is 62m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% 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 IVEL CLOSE lies on this distribution: 22% of detached houses are smaller than 1 IVEL CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

1 IVEL CLOSE: Plot and Title Map

1 IVEL CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 1 IVEL CLOSE, 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 IVEL CLOSE). 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 IVEL CLOSE?

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