1, MASEFIELD DRIVE, SANDILANDS, MABLETHORPE, LN12 2SF - £55,000

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 MASEFIELD DRIVE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £55,000 in July 1999, which was around 19% below the average July 1999 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2024, where the current energy rating was E, and the potential energy rating was B.

1 MASEFIELD DRIVE Sold Prices

Land registry data shows two sales for 1 MASEFIELD DRIVE 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 MASEFIELD 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
1999 9 JUL	£55,000	£67,601	19% below HPI
1998 28 AUG	£50,000	£64,389	22% below HPI

1 MASEFIELD DRIVE 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 MASEFIELD DRIVE sales from August 1998 and July 1999 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 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 1999 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 MASEFIELD DRIVE?

1 MASEFIELD DRIVE is 70m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 20% of detached houses in Sandilands, based on EPC data. The below chart shows the distribution of detached houses by size in Sandilands, and where 1 MASEFIELD DRIVE lies on this distribution: 18% of detached houses are smaller than 1 MASEFIELD DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Sandilands.

1 MASEFIELD DRIVE: Plot and Title Map

1 MASEFIELD DRIVE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 1 MASEFIELD 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 MASEFIELD 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.

Where is 1 MASEFIELD DRIVE?

1 MASEFIELD DRIVE is located in SANDILANDS, in the LN12 postcode district. The below map shows the position of No. 1 on MASEFIELD DRIVE.