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
38 SEACROFT ROAD is a small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £110,000 in February 2019, which was around 51% below the average February 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 38 SEACROFT ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 38 SEACROFT 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 |
---|---|---|---|
2019 22 FEB | £110,000 | £225,096 | 51% below HPI |
2009 3 FEB | £110,000 | £166,529 | 34% below HPI |
2007 11 SEP | £117,000 | £191,268 | 39% below HPI |
2004 30 JUL | £94,000 | £160,925 | 42% below HPI |
2001 23 FEB | £36,000 | £76,870 | 53% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The five 38 SEACROFT ROAD sales between February 2001 and February 2019 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 February 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2019 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.
38 SEACROFT ROAD is 65m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% 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 SEACROFT ROAD lies on this distribution: 28% of detached houses are smaller than 38 SEACROFT ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.
38 SEACROFT ROAD sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 38 SEACROFT 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 SEACROFT 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.
38 SEACROFT ROAD is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 38 on SEACROFT ROAD.