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 LONG ACRE is a midsized extended detached house of 80m², built sometime between 1930 and 1949. It was last sold for £112,000 in October 2015, which was around 41% below the average October 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 23 LONG ACRE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 23 LONG ACRE 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 |
---|---|---|---|
2015 20 OCT | £112,000 | £189,759 | 41% below HPI |
1999 26 OCT | £46,000 | £67,772 | 32% 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 two 23 LONG ACRE sales from October 1999 and October 2015 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 October 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.
23 LONG ACRE is 80m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 50% 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 LONG ACRE lies on this distribution: 53% of detached houses are smaller than 23 LONG ACRE, and 46% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.
23 LONG ACRE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 23 LONG ACRE, 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 LONG ACRE). 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.
23 LONG ACRE is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 23 on LONG ACRE.