5, CHELTENHAM WAY, MABLETHORPE, LN12 2AX - £146,000

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

5 CHELTENHAM WAY is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £146,000 in December 2017, which was around 30% below the average December 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was B.

5 CHELTENHAM WAY Sold Prices

Land registry data shows three sales for 5 CHELTENHAM WAY 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 5 CHELTENHAM WAY 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
2017 19 DEC	£146,000	£208,598	30% below HPI
2006 20 DEC	£127,950	£177,830	28% below HPI
2003 19 SEP	£105,000	£133,978	22% below HPI

5 CHELTENHAM WAY 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 5 CHELTENHAM WAY sales between September 2003 and December 2017 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 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 CHELTENHAM WAY?

5 CHELTENHAM WAY is 59m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 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 5 CHELTENHAM WAY lies on this distribution: 18% of detached houses are smaller than 5 CHELTENHAM WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

5 CHELTENHAM WAY: Plot and Title Map

5 CHELTENHAM WAY sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 5 CHELTENHAM WAY, 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 5 CHELTENHAM WAY). 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 5 CHELTENHAM WAY?

5 CHELTENHAM WAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 5 on CHELTENHAM WAY.