3, ALFORD ROAD, MABLETHORPE, LN12 1ET - £129,000

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

3 ALFORD ROAD is a very small detached house of 60m², built sometime between 1976 and 1982. It was last sold for £129,000 in October 2017, which was around 38% below the average October 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

3 ALFORD ROAD Sold Prices

Land registry data shows three sales for 3 ALFORD ROAD 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 3 ALFORD ROAD 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
2017 26 OCT	£129,000	£209,258	38% below HPI
2007 15 AUG	£90,000	£192,296	53% below HPI
1997 2 APR	£38,000	£58,054	35% below HPI

3 ALFORD ROAD 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 3 ALFORD ROAD sales between April 1997 and October 2017 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 August 2007 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 2017 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 3 ALFORD ROAD?

3 ALFORD ROAD is 60m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 3 ALFORD ROAD lies on this distribution: 20% of detached houses are smaller than 3 ALFORD ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

3 ALFORD ROAD: Plot and Title Map

3 ALFORD ROAD sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 3 ALFORD ROAD, 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 3 ALFORD ROAD). 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 3 ALFORD ROAD?

3 ALFORD ROAD is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 3 on ALFORD ROAD.