3, MARLBOROUGH DRIVE, MABLETHORPE, LN12 2BA - £230,000

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

3 MARLBOROUGH DRIVE is a very large detached house of 108m², built sometime between 1976 and 1982. It was last sold for £230,000 in September 2022, which was around 17% below the average September 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

3 MARLBOROUGH DRIVE Sold Prices

Land registry data shows two sales for 3 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. One of the two 3 MARLBOROUGH DRIVE sales was for below the average price, whilst the other was for above 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 23 SEP	£230,000	£278,115	17% below HPI
1995 22 JUN	£56,000	£54,261	3% above HPI

3 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 3 MARLBOROUGH DRIVE sales from June 1995 and September 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 June 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 3 MARLBOROUGH DRIVE?

3 MARLBOROUGH DRIVE is 108m² according to the EPC inspection conducted in June 2016. This puts it in the largest 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 MARLBOROUGH DRIVE lies on this distribution: 82% of detached houses are smaller than 3 MARLBOROUGH DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

3 MARLBOROUGH DRIVE: Plot and Title Map

3 MARLBOROUGH DRIVE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 3 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 3 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 3 MARLBOROUGH DRIVE?

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