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

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 GROVE is a large extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £111,000 in October 2012, which was around 31% 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	£160,599	31% below HPI
1999 5 FEB	£48,995	£64,275	24% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2012 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

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 in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 12 IVEL GROVE lies on this distribution: 65% of detached 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.