47, THE FAIRWAY, MABLETHORPE, LN12 1LL - £145,000

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

47 THE FAIRWAY is a very large extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £145,000 in December 2016, which was around 27% below the average December 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was A, and the potential energy rating was A.

47 THE FAIRWAY Sold Prices

Land registry data shows two sales for 47 THE FAIRWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 47 THE FAIRWAY 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
2016 2 DEC	£145,000	£197,369	27% below HPI
1996 13 MAR	£49,500	£52,002	5% below HPI

47 THE FAIRWAY 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 two 47 THE FAIRWAY sales from March 1996 and December 2016 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 March 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 47 THE FAIRWAY?

47 THE FAIRWAY is 109m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 47 THE FAIRWAY lies on this distribution: 83% of detached houses are smaller than 47 THE FAIRWAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

47 THE FAIRWAY: Plot and Title Map

47 THE FAIRWAY sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 47 THE FAIRWAY, 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 47 THE FAIRWAY). 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 47 THE FAIRWAY?

47 THE FAIRWAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 47 on THE FAIRWAY.