11, CHELTENHAM WAY, MABLETHORPE, LN12 2AX - £135,000

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

11 CHELTENHAM WAY is a small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £135,000 in April 2011, which was around 16% below the average April 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

11 CHELTENHAM WAY Sold Prices

Land registry data shows two sales for 11 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 11 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
2011 18 APR	£135,000	£161,407	16% below HPI
2007 3 APR	£142,500	£186,442	24% below HPI

11 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 11 CHELTENHAM WAY sales from April 2007 and April 2011 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 April 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2011 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 11 CHELTENHAM WAY?

11 CHELTENHAM WAY is 67m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 11 CHELTENHAM WAY lies on this distribution: 31% of detached houses are smaller than 11 CHELTENHAM WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

11 CHELTENHAM WAY: Plot and Title Map

11 CHELTENHAM WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 11 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 11 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 11 CHELTENHAM WAY?

11 CHELTENHAM WAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 11 on CHELTENHAM WAY.