4, PARKLANDS, MABLETHORPE, LN12 1BY - £180,000

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.

4 PARKLANDS is a midsized detached house of 75m², built sometime between 1991 and 1995, which could now be worth an estimated £179,642. It was last sold for £180,000 in November 2024, which was around 37% below the average November 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

4 PARKLANDS Sold Prices

Land registry data shows three sales for 4 PARKLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 4 PARKLANDS 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
2024 27 NOV	£180,000	£286,823	37% below HPI
2001 14 SEP	£59,950	£86,480	31% below HPI
2000 6 OCT	£44,000	£76,645	43% below HPI

4 PARKLANDS 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 three 4 PARKLANDS sales between October 2000 and November 2024 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 September 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 4 PARKLANDS be worth now?

4 PARKLANDS might now be worth an estimated £179,642.

This is based on house price deflation of 0.2%, between November 2024 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 0.2% deflationary decrease is applied to the most recent sale price for 4 PARKLANDS of £180,000 on 27th November 2024. For the value to have decreased from £180,000 to £179,642 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 4 PARKLANDS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2024 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PARKLANDS has not materially changed since November 2024.

How Large is 4 PARKLANDS?

4 PARKLANDS is 75m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 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 4 PARKLANDS lies on this distribution: 44% of detached houses houses are smaller than 4 PARKLANDS, and 55% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

4 PARKLANDS: Plot and Title Map

4 PARKLANDS sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 4 PARKLANDS, 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 4 PARKLANDS). 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 4 PARKLANDS?

4 PARKLANDS is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 4 on PARKLANDS.