24, MARLBOROUGH DRIVE, MABLETHORPE, LN12 2BA - £220,000

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

24 MARLBOROUGH DRIVE is a midsized detached house of 75m², built sometime between 1983 and 1990. It was last sold for £220,000 in June 2021, which was around 8% below the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

24 MARLBOROUGH DRIVE Sold Prices

Land registry data shows two sales for 24 MARLBOROUGH DRIVE since 1^st 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 24 MARLBOROUGH DRIVE 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
2021 17 JUN	£220,000	£238,466	8% below HPI
2019 20 DEC	£150,000	£222,986	33% below HPI

24 MARLBOROUGH DRIVE 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 two 24 MARLBOROUGH DRIVE sales from December 2019 and June 2021 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 December 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 24 MARLBOROUGH DRIVE?

24 MARLBOROUGH DRIVE is 75m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 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 24 MARLBOROUGH DRIVE lies on this distribution: 44% of detached houses are smaller than 24 MARLBOROUGH DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

24 MARLBOROUGH DRIVE: Plot and Title Map

24 MARLBOROUGH DRIVE sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 24 MARLBOROUGH DRIVE, 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 24 MARLBOROUGH DRIVE). 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 24 MARLBOROUGH DRIVE?

24 MARLBOROUGH DRIVE is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 24 on MARLBOROUGH DRIVE.