2, MAXWELL DRIVE, MABLETHORPE, LN12 1BS - £105,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 MAXWELL DRIVE is a midsized semi-detached house of 84m², built sometime between 1967 and 1975. It was last sold for £105,000 in March 2014, which was around 38% below the average March 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

2 MAXWELL DRIVE Sold Prices

Land registry data shows two sales for 2 MAXWELL 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 2 MAXWELL 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
2014 21 MAR	£105,000	£169,075	38% below HPI
2006 28 JUL	£107,000	£180,885	41% below HPI

2 MAXWELL 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 2 MAXWELL DRIVE sales from July 2006 and March 2014 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 July 2006 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2014 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 MAXWELL DRIVE?

2 MAXWELL DRIVE is 84m² according to the EPC inspection conducted in November 2014. 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 2 MAXWELL DRIVE lies on this distribution: 59% of detached houses are smaller than 2 MAXWELL DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

2 MAXWELL DRIVE: Plot and Title Map

2 MAXWELL DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 2 MAXWELL 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 2 MAXWELL 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 2 MAXWELL DRIVE?

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