16, SOMERSBY AVENUE, MABLETHORPE, LN12 1HH - £88,500

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.

16 SOMERSBY AVENUE is a midsized semi-detached house of 77m², built sometime between 1930 and 1949, which could now be worth an estimated £194,455. It was last sold for £88,500 in August 2003, which was around 1% above the average August 2003 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

16 SOMERSBY AVENUE Sold Prices

Land registry data shows two sales for 16 SOMERSBY AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 16 SOMERSBY AVENUE sales were for above 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
2003 22 AUG	£88,500	£87,812	1% above HPI
2003 3 APR	£83,000	£79,480	4% above HPI

16 SOMERSBY AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 16 SOMERSBY AVENUE sales from April 2003 and August 2003 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 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2003 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 16 SOMERSBY AVENUE be worth now?

16 SOMERSBY AVENUE might now be worth an estimated £194,455.

This is based on house price inflation of 119.7%, between August 2003 and February 2025, for semi-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 119.7% inflationary increase is applied to the most recent sale price for 16 SOMERSBY AVENUE of £88,500 on 22nd August 2003. For the value to have increased from £88,500 to £194,455 over the 22 years and six months to February 2025, the following assumptions must hold true:

• The value of 16 SOMERSBY AVENUE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The August 2003 sale price of £88,500 represented a fair market value for the property.
• The size, condition, and specification of 16 SOMERSBY AVENUE has not materially changed since August 2003.

How Large is 16 SOMERSBY AVENUE?

16 SOMERSBY AVENUE is 77m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 50% of semi-detached houses houses in Mablethorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mablethorpe, and where 16 SOMERSBY AVENUE lies on this distribution: 47% of semi-detached houses houses are smaller than 16 SOMERSBY AVENUE, and 51% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

16 SOMERSBY AVENUE: Plot and Title Map

16 SOMERSBY AVENUE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 16 SOMERSBY AVENUE, 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 16 SOMERSBY AVENUE). 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 16 SOMERSBY AVENUE?

16 SOMERSBY AVENUE is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 16 on SOMERSBY AVENUE.