2, SOMERSBY AVENUE, MABLETHORPE, LN12 1HH - £120,000

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 SOMERSBY AVENUE is a large extended semi-detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £175,749. It was last sold for £120,000 in November 2016, which was around 9% below the average November 2016 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

2 SOMERSBY AVENUE Sold Prices

Land registry data shows two sales for 2 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 2 SOMERSBY AVENUE 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 15 NOV	£120,000	£131,740	9% below HPI
1998 9 APR	£27,500	£38,845	29% below HPI

2 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 2 SOMERSBY AVENUE sales from April 1998 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 April 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 SOMERSBY AVENUE be worth now?

2 SOMERSBY AVENUE might now be worth an estimated £175,749.

This is based on house price inflation of 46.5%, between November 2016 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 46.5% inflationary increase is applied to the most recent sale price for 2 SOMERSBY AVENUE of £120,000 on 15th November 2016. For the value to have increased from £120,000 to £175,749 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 SOMERSBY AVENUE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The November 2016 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SOMERSBY AVENUE has not materially changed since November 2016.

How Large is 2 SOMERSBY AVENUE?

2 SOMERSBY AVENUE is 91m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 40% 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 2 SOMERSBY AVENUE lies on this distribution: 66% of semi-detached houses houses are smaller than 2 SOMERSBY AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

2 SOMERSBY AVENUE: Plot and Title Map

2 SOMERSBY AVENUE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 2 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 2 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 2 SOMERSBY AVENUE?

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