34, CHELTENHAM WAY, MABLETHORPE, LN12 2AX - £112,500

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.

34 CHELTENHAM WAY is a very small semi-detached house of 53m², built sometime between 1950 and 1966, which could now be worth an estimated £192,438. It was last sold for £112,500 in October 2009, which was about the average October 2009 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

34 CHELTENHAM WAY Sold Prices

Land registry data shows three sales for 34 CHELTENHAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. The three 34 CHELTENHAM WAY sales were a mix of roughly equal to the average price, and 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
2009 21 OCT	£112,500	£112,795	Close to HPI
2006 6 OCT	£118,000	£120,194	2% below HPI
2005 26 APR	£107,000	£113,835	6% below HPI

34 CHELTENHAM WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 34 CHELTENHAM WAY sales between April 2005 and October 2009 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 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2009 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 34 CHELTENHAM WAY be worth now?

34 CHELTENHAM WAY might now be worth an estimated £192,438.

This is based on house price inflation of 71.1%, between October 2009 and February 2025, for semi-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 71.1% inflationary increase is applied to the most recent sale price for 34 CHELTENHAM WAY of £112,500 on 21st October 2009. For the value to have increased from £112,500 to £192,438 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 34 CHELTENHAM WAY has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The October 2009 sale price of £112,500 represented a fair market value for the property.
• The size, condition, and specification of 34 CHELTENHAM WAY has not materially changed since October 2009.

How Large is 34 CHELTENHAM WAY?

34 CHELTENHAM WAY is 53m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of semi-detached houses houses in Mablethorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mablethorpe, and where 34 CHELTENHAM WAY lies on this distribution: 6% of semi-detached houses houses are smaller than 34 CHELTENHAM WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

34 CHELTENHAM WAY: Plot and Title Map

34 CHELTENHAM WAY sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 34 CHELTENHAM WAY, 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 34 CHELTENHAM WAY). 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 34 CHELTENHAM WAY?

34 CHELTENHAM WAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 34 on CHELTENHAM WAY.