2, ROSSALL CLOSE, SANDILANDS, MABLETHORPE, LN12 2SD - £175,000

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 ROSSALL CLOSE is a very small detached house of 49m², built sometime between 1983 and 1990, which could now be worth an estimated £239,094. It was last sold for £175,000 in July 2017, which was around 16% below the average July 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

2 ROSSALL CLOSE Sold Prices

Land registry data shows two sales for 2 ROSSALL CLOSE 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 ROSSALL CLOSE 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
2017 14 JUL	£175,000	£209,516	16% below HPI
2009 29 JAN	£100,000	£166,188	40% below HPI

2 ROSSALL CLOSE 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 ROSSALL CLOSE sales from January 2009 and July 2017 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 January 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 ROSSALL CLOSE be worth now?

2 ROSSALL CLOSE might now be worth an estimated £239,094.

This is based on house price inflation of 36.6%, between July 2017 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 36.6% inflationary increase is applied to the most recent sale price for 2 ROSSALL CLOSE of £175,000 on 14th July 2017. For the value to have increased from £175,000 to £239,094 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 2 ROSSALL CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2017 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROSSALL CLOSE has not materially changed since July 2017.

How Large is 2 ROSSALL CLOSE?

2 ROSSALL CLOSE is 49m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses houses in Sandilands, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandilands, and where 2 ROSSALL CLOSE lies on this distribution: 1% of detached houses houses are smaller than 2 ROSSALL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Sandilands.

2 ROSSALL CLOSE: Plot and Title Map

2 ROSSALL CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 2 ROSSALL CLOSE, 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 ROSSALL CLOSE). 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 ROSSALL CLOSE?

2 ROSSALL CLOSE is located in SANDILANDS, in the LN12 postcode district. The below map shows the position of No. 2 on ROSSALL CLOSE.