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
12 AQUA DRIVE is a very small detached house of 55m², built sometime between 1996 and 2002. It was last sold for £135,000 in July 2010, which was around 20% below the average July 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 12 AQUA DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 12 AQUA 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 |
---|---|---|---|
2010 2 JUL | £135,000 | £168,200 | 20% below HPI |
2006 29 SEP | £128,500 | £176,340 | 27% below HPI |
2003 3 NOV | £110,000 | £139,417 | 21% below HPI |
2000 15 DEC | £59,950 | £76,936 | 22% below HPI |
1999 26 NOV | £53,500 | £69,337 | 23% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The five 12 AQUA DRIVE sales between November 1999 and July 2010 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 September 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2010 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
12 AQUA DRIVE is 55m² according to the EPC inspection conducted in October 2008. 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 12 AQUA DRIVE lies on this distribution: 9% of detached houses are smaller than 12 AQUA DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.
12 AQUA DRIVE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 12 AQUA 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 12 AQUA 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.
12 AQUA DRIVE is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 12 on AQUA DRIVE.