40, SEACROFT ROAD, MABLETHORPE, LN12 2DQ - £235,000

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

40 SEACROFT ROAD is a large extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £235,000 in July 2023, which was around 15% below the average July 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

40 SEACROFT ROAD Sold Prices

Land registry data shows three sales for 40 SEACROFT ROAD 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 40 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
2023 28 JUL	£235,000	£275,032	15% below HPI
2016 8 DEC	£122,500	£197,369	38% below HPI
1997 30 MAY	£38,000	£59,416	36% below HPI

40 SEACROFT 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 three 40 SEACROFT ROAD sales between May 1997 and July 2023 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 December 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 40 SEACROFT ROAD?

40 SEACROFT ROAD is 85m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 40 SEACROFT ROAD lies on this distribution: 61% of detached houses are smaller than 40 SEACROFT ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

40 SEACROFT ROAD: Plot and Title Map

40 SEACROFT ROAD sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 40 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 40 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.

Where is 40 SEACROFT ROAD?

40 SEACROFT ROAD is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 40 on SEACROFT ROAD.