14, CHELTENHAM WAY, MABLETHORPE, LN12 2AX - £245,500

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

14 CHELTENHAM WAY is a midsized detached house of 78m², built sometime between 1996 and 2002. It was last sold for £245,500 in October 2023, which was around 11% below the average October 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

14 CHELTENHAM WAY Sold Prices

Land registry data shows three sales for 14 CHELTENHAM WAY 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 14 CHELTENHAM WAY 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 9 OCT	£245,500	£276,737	11% below HPI
2007 2 APR	£154,000	£186,442	17% below HPI
1999 3 MAR	£53,000	£65,202	19% below HPI

14 CHELTENHAM WAY 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 14 CHELTENHAM WAY sales between March 1999 and October 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 April 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 14 CHELTENHAM WAY?

14 CHELTENHAM WAY is 78m² according to the EPC inspection conducted in February 2023. 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 14 CHELTENHAM WAY lies on this distribution: 50% of detached houses are smaller than 14 CHELTENHAM WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

14 CHELTENHAM WAY: Plot and Title Map

14 CHELTENHAM WAY sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 14 CHELTENHAM WAY, 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 14 CHELTENHAM WAY). 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 14 CHELTENHAM WAY?

14 CHELTENHAM WAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 14 on CHELTENHAM WAY.