23, FALDOS WAY, MABLETHORPE, LN12 1NF - £165,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 FALDOS WAY is a small detached house of 68m², built sometime between 2003 and 2006. It was last sold for £165,950 in February 2018, which was around 20% below the average February 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

23 FALDOS WAY Sold Prices

Land registry data shows three sales for 23 FALDOS WAY since 1^st 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 23 FALDOS 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 2 FEB	£165,950	£208,569	20% below HPI
2017 23 NOV	£154,000	£207,429	26% below HPI
2004 30 APR	£138,500	£151,848	9% below HPI

23 FALDOS WAY 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 three 23 FALDOS WAY sales between April 2004 and February 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 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 23 FALDOS WAY?

23 FALDOS WAY is 68m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 23 FALDOS WAY lies on this distribution: 33% of detached houses are smaller than 23 FALDOS WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

23 FALDOS WAY: Plot and Title Map

23 FALDOS WAY sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 23 FALDOS 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 FALDOS 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 FALDOS WAY?

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