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

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

2 ROSSALL CLOSE is a very small detached house of 49m², built sometime between 1983 and 1990. It was last sold for £175,000 in July 2017, which was around 15% 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	£206,507	15% below HPI
2009 29 JAN	£100,000	£163,801	39% 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

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 in Sandilands, based on EPC data. The below chart shows the distribution of detached houses by size in Sandilands, and where 2 ROSSALL CLOSE lies on this distribution: 1% of detached 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.