38, GIBRALTAR ROAD, MABLETHORPE, LN12 2AT - £146,000

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

38 GIBRALTAR ROAD is a midsized extended detached house of 82m², built sometime between 1900 and 1929. It was last sold for £146,000 in November 2005, which was around 17% below the average November 2005 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

38 GIBRALTAR ROAD Sold Prices

Land registry data shows four sales for 38 GIBRALTAR ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 38 GIBRALTAR 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
2005 18 NOV	£146,000	£175,325	17% below HPI
2005 7 JAN	£109,000	£166,680	35% below HPI
2002 16 APR	£78,000	£97,792	20% below HPI
1999 20 DEC	£53,000	£71,069	25% below HPI

38 GIBRALTAR 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 four 38 GIBRALTAR ROAD sales between December 1999 and November 2005 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 January 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2005 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 38 GIBRALTAR ROAD?

38 GIBRALTAR ROAD is 82m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 38 GIBRALTAR ROAD lies on this distribution: 56% of detached houses are smaller than 38 GIBRALTAR ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

38 GIBRALTAR ROAD: Plot and Title Map

38 GIBRALTAR ROAD sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 38 GIBRALTAR 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 38 GIBRALTAR 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 38 GIBRALTAR ROAD?

38 GIBRALTAR ROAD is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 38 on GIBRALTAR ROAD.