23, CHELTENHAM WAY, MABLETHORPE, LN12 2AX - £119,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 CHELTENHAM WAY is a very small semi-detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £155,413. It was last sold for £119,500 in September 2019, which was around 19% below the average September 2019 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

23 CHELTENHAM WAY Sold Prices

Land registry data shows two sales for 23 CHELTENHAM WAY 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 23 CHELTENHAM 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
2019 6 SEP	£119,500	£148,358	19% below HPI
1998 17 APR	£27,500	£38,845	29% below HPI

23 CHELTENHAM WAY 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 23 CHELTENHAM WAY sales from April 1998 and September 2019 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 September 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 23 CHELTENHAM WAY be worth now?

23 CHELTENHAM WAY might now be worth an estimated £155,413.

This is based on house price inflation of 30.1%, between September 2019 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 30.1% inflationary increase is applied to the most recent sale price for 23 CHELTENHAM WAY of £119,500 on 6th September 2019. For the value to have increased from £119,500 to £155,413 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 23 CHELTENHAM WAY has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The September 2019 sale price of £119,500 represented a fair market value for the property.
• The size, condition, and specification of 23 CHELTENHAM WAY has not materially changed since September 2019.

How Large is 23 CHELTENHAM WAY?

23 CHELTENHAM WAY is 55m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% 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 23 CHELTENHAM WAY lies on this distribution: 10% of semi-detached houses houses are smaller than 23 CHELTENHAM WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

23 CHELTENHAM WAY: Plot and Title Map

23 CHELTENHAM WAY sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 23 CHELTENHAM 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 23 CHELTENHAM 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.

Where is 23 CHELTENHAM WAY?

23 CHELTENHAM WAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 23 on CHELTENHAM WAY.