22, GIBRALTAR ROAD, MABLETHORPE, LN12 2AT - £115,000

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.

22 GIBRALTAR ROAD is a small extended semi-detached house of 68m², built sometime between 1930 and 1949, which could now be worth an estimated £125,606. It was last sold for £115,000 in April 2022, which was around 35% below the average April 2022 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was C.

22 GIBRALTAR ROAD Sold Prices

Land registry data shows three sales for 22 GIBRALTAR ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 22 GIBRALTAR ROAD sales were for below the average price, whilst one was for above 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
2022 19 APR	£115,000	£176,651	35% below HPI
2005 22 AUG	£121,000	£114,286	6% above HPI
1997 11 JUL	£32,000	£38,759	17% below HPI

22 GIBRALTAR ROAD 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 three 22 GIBRALTAR ROAD sales between July 1997 and April 2022 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 August 2005 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 22 GIBRALTAR ROAD be worth now?

22 GIBRALTAR ROAD might now be worth an estimated £125,606.

This is based on house price inflation of 9.2%, between April 2022 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 9.2% inflationary increase is applied to the most recent sale price for 22 GIBRALTAR ROAD of £115,000 on 19th April 2022. For the value to have increased from £115,000 to £125,606 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 22 GIBRALTAR ROAD has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The April 2022 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GIBRALTAR ROAD has not materially changed since April 2022.

How Large is 22 GIBRALTAR ROAD?

22 GIBRALTAR ROAD is 68m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 22 GIBRALTAR ROAD lies on this distribution: 32% of semi-detached houses houses are smaller than 22 GIBRALTAR ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

22 GIBRALTAR ROAD: Plot and Title Map

22 GIBRALTAR ROAD sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 22 GIBRALTAR ROAD, 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 22 GIBRALTAR ROAD). 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 22 GIBRALTAR ROAD?

22 GIBRALTAR ROAD is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 22 on GIBRALTAR ROAD.