12, IVEL CLOSE, MABLETHORPE, LN12 1NA - £215,000

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

12 IVEL CLOSE is a midsized extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £215,000 in March 2024, which was around 21% below the average March 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

12 IVEL CLOSE Sold Prices

Land registry data shows two sales for 12 IVEL CLOSE 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 IVEL CLOSE 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
2024 1 MAR	£215,000	£271,306	21% below HPI
2020 18 SEP	£159,000	£222,611	29% below HPI

12 IVEL CLOSE 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 IVEL CLOSE sales from September 2020 and March 2024 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 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 IVEL CLOSE?

12 IVEL CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the largest 50% 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 IVEL CLOSE lies on this distribution: 53% of detached houses are smaller than 12 IVEL CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

12 IVEL CLOSE: Plot and Title Map

12 IVEL CLOSE sits on a plot of roughly 0.103 of an acre, or 419m². The below map shows the location of 12 IVEL 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 12 IVEL 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.

Where is 12 IVEL CLOSE?

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