12, IVEL GROVE, MABLETHORPE, LN12 1LY - £111,000

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 IVEL GROVE is a large extended detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £195,005. It was last sold for £111,000 in October 2012, which was around 32% below the average October 2012 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

12 IVEL GROVE Sold Prices

Land registry data shows two sales for 12 IVEL GROVE 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 GROVE 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
2012 16 OCT	£111,000	£162,939	32% below HPI
1999 5 FEB	£48,995	£65,212	25% below HPI

12 IVEL GROVE 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 GROVE sales from February 1999 and October 2012 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 February 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2012 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 IVEL GROVE be worth now?

12 IVEL GROVE might now be worth an estimated £195,005.

This is based on house price inflation of 75.7%, between October 2012 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 75.7% inflationary increase is applied to the most recent sale price for 12 IVEL GROVE of £111,000 on 16th October 2012. For the value to have increased from £111,000 to £195,005 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 IVEL GROVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2012 sale price of £111,000 represented a fair market value for the property.
• The size, condition, and specification of 12 IVEL GROVE has not materially changed since October 2012.

How Large is 12 IVEL GROVE?

12 IVEL GROVE is 89m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the largest 40% 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 IVEL GROVE lies on this distribution: 65% of detached houses houses are smaller than 12 IVEL GROVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

12 IVEL GROVE: Plot and Title Map

12 IVEL GROVE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 12 IVEL GROVE, 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 GROVE). 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 GROVE?

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