3, THE STRAND, MABLETHORPE, LN12 1BQ - £116,500

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

3 THE STRAND is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £116,500 in January 2020, which was around 46% below the average January 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

3 THE STRAND Sold Prices

Land registry data shows two sales for 3 THE STRAND 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 THE STRAND 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
2020 29 JAN	£116,500	£215,745	46% below HPI
1996 10 JUL	£34,000	£56,877	40% below HPI

3 THE STRAND 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 THE STRAND sales from July 1996 and January 2020 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 July 1996 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 3 THE STRAND?

3 THE STRAND is 58m² according to the EPC inspection conducted in March 2019. 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 THE STRAND lies on this distribution: 17% of detached houses are smaller than 3 THE STRAND, and 83% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

3 THE STRAND: Plot and Title Map

3 THE STRAND sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 3 THE STRAND, 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 THE STRAND). 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 THE STRAND?

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