42, THE STRAND, MABLETHORPE, LN12 1BQ - £157,500

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

42 THE STRAND is a midsized extended detached house of 72m², built sometime between 1950 and 1966. It was last sold for £157,500 in January 2022, which was around 41% below the average January 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

42 THE STRAND Sold Prices

Land registry data shows three sales for 42 THE STRAND 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 42 THE STRAND 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
2022 4 JAN	£157,500	£266,197	41% below HPI
2017 28 APR	£126,950	£203,689	38% below HPI
2003 17 JAN	£88,500	£118,614	25% below HPI

42 THE STRAND 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 42 THE STRAND sales between January 2003 and January 2022 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 April 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 42 THE STRAND?

42 THE STRAND is 72m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 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 42 THE STRAND lies on this distribution: 41% of detached houses are smaller than 42 THE STRAND, and 58% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

42 THE STRAND: Plot and Title Map

42 THE STRAND sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 42 THE STRAND, 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 42 THE STRAND). 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 42 THE STRAND?

42 THE STRAND is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 42 on THE STRAND.