124, WELLINGTON ROAD, MABLETHORPE, LN12 1HY - £245,000

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

124 WELLINGTON ROAD is a small extended detached house of 67m², built sometime between 1930 and 1949. It was last sold for £245,000 in June 2023, which was around 9% below the average June 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

124 WELLINGTON ROAD Sold Prices

Land registry data shows three sales for 124 WELLINGTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 124 WELLINGTON ROAD 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 19 JUN	£245,000	£270,082	9% below HPI
2017 12 DEC	£114,000	£208,598	45% below HPI
1998 28 AUG	£34,000	£64,389	47% below HPI

124 WELLINGTON ROAD 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 three 124 WELLINGTON ROAD sales between August 1998 and June 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 December 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 124 WELLINGTON ROAD?

124 WELLINGTON ROAD is 67m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 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 124 WELLINGTON ROAD lies on this distribution: 31% of detached houses are smaller than 124 WELLINGTON ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

124 WELLINGTON ROAD: Plot and Title Map

124 WELLINGTON ROAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 124 WELLINGTON ROAD, 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 124 WELLINGTON ROAD). 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 124 WELLINGTON ROAD?

124 WELLINGTON ROAD is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 124 on WELLINGTON ROAD.