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 STRAND CLOSE is a very large detached house of 122m², built sometime between 1967 and 1975. It was last sold for £260,000 in September 2017, which was around 24% above the average September 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 1 STRAND CLOSE since 1st 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 STRAND CLOSE sales were for above 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 |
---|---|---|---|
2017 29 SEP | £260,000 | £210,398 | 24% above HPI |
2008 14 OCT | £194,950 | £174,297 | 12% above HPI |
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 STRAND CLOSE sales from October 2008 and September 2017 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 October 2008 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2017 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.
1 STRAND CLOSE is 122m² according to the EPC inspection conducted in July 2017. This puts it in the largest 20% 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 STRAND CLOSE lies on this distribution: 87% of detached houses are smaller than 1 STRAND CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.
1 STRAND CLOSE sits on a plot of roughly 0.223 of an acre, or 901m². The below map shows the location of 1 STRAND 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 STRAND 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.
1 STRAND CLOSE is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 1 on STRAND CLOSE.