28, MAYFLOWER WAY, MABLETHORPE, LN12 1EY - £180,000

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

28 MAYFLOWER WAY is a very small detached house of 52m², built sometime between 1996 and 2002. It was last sold for £180,000 in August 2023, which was around 36% below the average August 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

28 MAYFLOWER WAY Sold Prices

Land registry data shows six sales for 28 MAYFLOWER WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the six 28 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
2023 4 AUG	£180,000	£282,946	36% below HPI
2020 20 FEB	£155,000	£212,241	27% below HPI
2014 12 DEC	£134,950	£176,376	23% below HPI
2006 23 NOV	£135,000	£176,362	23% below HPI
2003 24 JAN	£110,000	£118,614	7% below HPI
2002 15 NOV	£78,500	£117,182	33% below HPI

28 MAYFLOWER 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 six 28 MAYFLOWER WAY sales between November 2002 and August 2023 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 February 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 28 MAYFLOWER WAY?

28 MAYFLOWER WAY is 52m² according to the EPC inspection conducted in January 2014. 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 28 MAYFLOWER WAY lies on this distribution: 4% of detached houses are smaller than 28 MAYFLOWER WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

28 MAYFLOWER WAY: Plot and Title Map

28 MAYFLOWER WAY sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 28 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 28 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.

Where is 28 MAYFLOWER WAY?

28 MAYFLOWER WAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 28 on MAYFLOWER WAY.