28, PARKLANDS, MABLETHORPE, LN12 1BY - £98,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 PARKLANDS is a very small detached house of 51m², built sometime between 1991 and 1995. It was last sold for £98,500 in October 2013, which was around 42% below the average October 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

28 PARKLANDS Sold Prices

Land registry data shows four sales for 28 PARKLANDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 28 PARKLANDS 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
2013 11 OCT	£98,500	£170,169	42% below HPI
2004 1 OCT	£129,950	£167,136	22% below HPI
2002 6 MAR	£67,000	£93,311	28% below HPI
2001 4 DEC	£65,000	£92,325	30% below HPI

28 PARKLANDS 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 four 28 PARKLANDS sales between December 2001 and October 2013 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 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2013 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 28 PARKLANDS?

28 PARKLANDS is 51m² according to the EPC inspection conducted in July 2023. 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 PARKLANDS lies on this distribution: 3% of detached houses are smaller than 28 PARKLANDS, and 96% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

28 PARKLANDS: Plot and Title Map

28 PARKLANDS sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 28 PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

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