12, CHELTENHAM WAY, MABLETHORPE, LN12 2AX - £180,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 CHELTENHAM WAY is a very small detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £190,781. It was last sold for £180,000 in January 2022, which was around 33% below the average January 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

12 CHELTENHAM WAY Sold Prices

Land registry data shows two sales for 12 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 12 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
2022 4 JAN	£180,000	£270,076	33% below HPI
1995 6 JUL	£42,500	£55,050	23% below HPI

12 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 12 CHELTENHAM WAY sales from July 1995 and January 2022 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 July 1995 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 12 CHELTENHAM WAY be worth now?

12 CHELTENHAM WAY might now be worth an estimated £190,781.

This is based on house price inflation of 6%, between January 2022 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6% inflationary increase is applied to the most recent sale price for 12 CHELTENHAM WAY of £180,000 on 4th January 2022. For the value to have increased from £180,000 to £190,781 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 12 CHELTENHAM WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2022 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CHELTENHAM WAY has not materially changed since January 2022.

How Large is 12 CHELTENHAM WAY?

12 CHELTENHAM WAY is 56m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% of detached houses houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mablethorpe, and where 12 CHELTENHAM WAY lies on this distribution: 12% of detached houses houses are smaller than 12 CHELTENHAM WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

12 CHELTENHAM WAY: Plot and Title Map

12 CHELTENHAM WAY sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 12 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 12 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 12 CHELTENHAM WAY?

12 CHELTENHAM WAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 12 on CHELTENHAM WAY.