15, MARLBOROUGH DRIVE, MABLETHORPE, LN12 2BA - £195,000

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

15 MARLBOROUGH DRIVE is a large detached house of 88m², built sometime between 1983 and 1990. It was last sold for £195,000 in December 2019, which was around 13% below the average December 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

15 MARLBOROUGH DRIVE Sold Prices

Land registry data shows two sales for 15 MARLBOROUGH DRIVE 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 MARLBOROUGH DRIVE 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
2019 12 DEC	£195,000	£222,986	13% below HPI
2011 4 NOV	£120,000	£164,467	27% below HPI

15 MARLBOROUGH DRIVE 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 MARLBOROUGH DRIVE sales from November 2011 and December 2019 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 November 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 15 MARLBOROUGH DRIVE?

15 MARLBOROUGH DRIVE is 88m² according to the EPC inspection conducted in March 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 15 MARLBOROUGH DRIVE lies on this distribution: 65% of detached houses are smaller than 15 MARLBOROUGH DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

15 MARLBOROUGH DRIVE: Plot and Title Map

15 MARLBOROUGH DRIVE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 15 MARLBOROUGH DRIVE, 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 MARLBOROUGH DRIVE). 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 MARLBOROUGH DRIVE?

15 MARLBOROUGH DRIVE is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 15 on MARLBOROUGH DRIVE.