2, GROSVENOR COURT, MABLETHORPE, LN12 1BX - £117,000

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.

2 GROSVENOR COURT is a very small extended detached house of 59m², built sometime between 1950 and 1966, which could now be worth an estimated £166,877. It was last sold for £117,000 in November 2016, which was around 42% below the average November 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

2 GROSVENOR COURT Sold Prices

Land registry data shows three sales for 2 GROSVENOR COURT 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 2 GROSVENOR COURT 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
2016 9 NOV	£117,000	£200,696	42% below HPI
2005 17 JUN	£72,000	£171,121	58% below HPI
1995 1 FEB	£33,000	£59,921	45% below HPI

2 GROSVENOR COURT 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 2 GROSVENOR COURT sales between February 1995 and November 2016 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 June 2005 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the November 2016 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 2 GROSVENOR COURT be worth now?

2 GROSVENOR COURT might now be worth an estimated £166,877.

This is based on house price inflation of 42.6%, between November 2016 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 42.6% inflationary increase is applied to the most recent sale price for 2 GROSVENOR COURT of £117,000 on 9th November 2016. For the value to have increased from £117,000 to £166,877 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 GROSVENOR COURT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2016 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GROSVENOR COURT has not materially changed since November 2016.

How Large is 2 GROSVENOR COURT?

2 GROSVENOR COURT is 59m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% 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 2 GROSVENOR COURT lies on this distribution: 18% of detached houses houses are smaller than 2 GROSVENOR COURT, and 81% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

2 GROSVENOR COURT: Plot and Title Map

2 GROSVENOR COURT sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 2 GROSVENOR COURT, 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 2 GROSVENOR COURT). 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 2 GROSVENOR COURT?

2 GROSVENOR COURT is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 2 on GROSVENOR COURT.