15, SHERWOOD ROAD, MABLETHORPE, LN12 1HU - £145,000

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 SHERWOOD ROAD is a small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £145,000 in June 2021, which was around 39% below the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

15 SHERWOOD ROAD Sold Prices

Land registry data shows two sales for 15 SHERWOOD ROAD 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 SHERWOOD 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
2021 10 JUN	£145,000	£238,466	39% below HPI
1996 12 NOV	£41,500	£57,427	28% below HPI

15 SHERWOOD 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 two 15 SHERWOOD ROAD sales from November 1996 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 November 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 15 SHERWOOD ROAD?

15 SHERWOOD ROAD is 69m² according to the EPC inspection conducted in November 2019. 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 15 SHERWOOD ROAD lies on this distribution: 35% of detached houses are smaller than 15 SHERWOOD ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

15 SHERWOOD ROAD: Plot and Title Map

15 SHERWOOD ROAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 15 SHERWOOD 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 15 SHERWOOD 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 15 SHERWOOD ROAD?

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