12, SOMERSBY AVENUE, MABLETHORPE, LN12 1HH - £205,000

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 SOMERSBY AVENUE is a small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £205,000 in July 2023, which was around 25% below the average July 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

12 SOMERSBY AVENUE Sold Prices

Land registry data shows four sales for 12 SOMERSBY AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 12 SOMERSBY AVENUE 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
2023 31 JUL	£205,000	£275,032	25% below HPI
2019 27 SEP	£125,000	£221,456	44% below HPI
2006 10 NOV	£95,000	£176,362	46% below HPI
1996 25 APR	£44,500	£53,878	17% below HPI

12 SOMERSBY AVENUE 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 four 12 SOMERSBY AVENUE sales between April 1996 and July 2023 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 2019 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 SOMERSBY AVENUE?

12 SOMERSBY AVENUE is 66m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% 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 SOMERSBY AVENUE lies on this distribution: 29% of detached houses are smaller than 12 SOMERSBY AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

12 SOMERSBY AVENUE: Plot and Title Map

12 SOMERSBY AVENUE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 12 SOMERSBY AVENUE, 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 SOMERSBY AVENUE). 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 SOMERSBY AVENUE?

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