15, CAMBRIDGE ROAD NORTH, MABLETHORPE, LN12 1QR - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 CAMBRIDGE ROAD NORTH is a large extended detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £248,461. It was last sold for £210,000 in June 2021, which was around 13% below the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

15 CAMBRIDGE ROAD NORTH Sold Prices

Land registry data shows two sales for 15 CAMBRIDGE ROAD NORTH 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 15 CAMBRIDGE ROAD NORTH 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
2021 29 JUN	£210,000	£241,941	13% below HPI
2020 4 SEP	£160,000	£225,854	29% below HPI

15 CAMBRIDGE ROAD NORTH 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 15 CAMBRIDGE ROAD NORTH sales from September 2020 and June 2021 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 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 15 CAMBRIDGE ROAD NORTH be worth now?

15 CAMBRIDGE ROAD NORTH might now be worth an estimated £248,461.

This is based on house price inflation of 18.3%, between June 2021 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 18.3% inflationary increase is applied to the most recent sale price for 15 CAMBRIDGE ROAD NORTH of £210,000 on 29th June 2021. For the value to have increased from £210,000 to £248,461 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 15 CAMBRIDGE ROAD NORTH has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2021 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CAMBRIDGE ROAD NORTH has not materially changed since June 2021.

How Large is 15 CAMBRIDGE ROAD NORTH?

15 CAMBRIDGE ROAD NORTH is 93m², which includes one extension, according to the EPC inspection conducted in July 2020. 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 15 CAMBRIDGE ROAD NORTH lies on this distribution: 69% of detached houses houses are smaller than 15 CAMBRIDGE ROAD NORTH, and 30% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

15 CAMBRIDGE ROAD NORTH: Plot and Title Map

15 CAMBRIDGE ROAD NORTH sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 15 CAMBRIDGE ROAD NORTH, 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 15 CAMBRIDGE ROAD NORTH). 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 15 CAMBRIDGE ROAD NORTH?

15 CAMBRIDGE ROAD NORTH is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 15 on CAMBRIDGE ROAD NORTH.