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

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.

38 GIBRALTAR ROAD is a midsized extended detached house of 82m², built sometime between 1900 and 1929, which could now be worth an estimated £234,951. It was last sold for £146,000 in November 2005, which was around 18% 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	£177,879	18% below HPI
2005 7 JAN	£109,000	£169,109	36% below HPI
2002 16 APR	£78,000	£99,217	21% below HPI
1999 20 DEC	£53,000	£72,104	26% 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2005 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 38 GIBRALTAR ROAD be worth now?

38 GIBRALTAR ROAD might now be worth an estimated £234,951.

This is based on house price inflation of 60.9%, between November 2005 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 60.9% inflationary increase is applied to the most recent sale price for 38 GIBRALTAR ROAD of £146,000 on 18th November 2005. For the value to have increased from £146,000 to £234,951 over the twenty years and nine months to February 2025, the following assumptions must hold true:

• The value of 38 GIBRALTAR ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2005 sale price of £146,000 represented a fair market value for the property.
• The size, condition, and specification of 38 GIBRALTAR ROAD has not materially changed since November 2005.

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 houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mablethorpe, and where 38 GIBRALTAR ROAD lies on this distribution: 55% of detached houses houses are smaller than 38 GIBRALTAR ROAD, and 44% 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.