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
22 MAYFLOWER WAY is a very small detached house of 52m², built sometime between 2003 and 2006. It was last sold for £169,000 in October 2018, which was around 23% below the average October 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 22 MAYFLOWER WAY since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 22 MAYFLOWER WAY 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 |
---|---|---|---|
2018 15 OCT | £169,000 | £218,755 | 23% below HPI |
2005 11 NOV | £135,000 | £175,325 | 23% below HPI |
2003 2 APR | £110,000 | £123,486 | 11% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 22 MAYFLOWER WAY sales between April 2003 and October 2018 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 November 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2018 sale, which was also at 23% below the HPI.
22 MAYFLOWER WAY is 52m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 22 MAYFLOWER WAY lies on this distribution: 4% of detached houses are smaller than 22 MAYFLOWER WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.
22 MAYFLOWER WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 22 MAYFLOWER WAY, 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 MAYFLOWER WAY). 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.
22 MAYFLOWER WAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 22 on MAYFLOWER WAY.