3, AQUA DRIVE, MABLETHORPE, LN12 2YB - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 AQUA DRIVE is a very small detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £234,857. It was last sold for £220,000 in April 2022, which was around 18% below the average April 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

3 AQUA DRIVE Sold Prices

Land registry data shows two sales for 3 AQUA 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 3 AQUA 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
2022 29 APR	£220,000	£268,144	18% below HPI
1999 30 SEP	£59,995	£69,473	14% below HPI

3 AQUA 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 3 AQUA DRIVE sales from September 1999 and April 2022 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 September 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 AQUA DRIVE be worth now?

3 AQUA DRIVE might now be worth an estimated £234,857.

This is based on house price inflation of 6.8%, between April 2022 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.8% inflationary increase is applied to the most recent sale price for 3 AQUA DRIVE of £220,000 on 29th April 2022. For the value to have increased from £220,000 to £234,857 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 3 AQUA DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 AQUA DRIVE has not materially changed since April 2022.

How Large is 3 AQUA DRIVE?

3 AQUA DRIVE is 56m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mablethorpe, and where 3 AQUA DRIVE lies on this distribution: 12% of detached houses houses are smaller than 3 AQUA DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

3 AQUA DRIVE: Plot and Title Map

3 AQUA DRIVE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 3 AQUA 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 3 AQUA 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 3 AQUA DRIVE?

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