5, ELM AVENUE, MABLETHORPE, LN12 2DP - £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

5 ELM AVENUE is a very large extended detached house of 146m², built sometime between 1967 and 1975. It was last sold for £145,000 in February 2019, which was around 36% below the average February 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

5 ELM AVENUE Sold Prices

Land registry data shows three sales for 5 ELM AVENUE 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 ELM AVENUE 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
2019 28 FEB	£145,000	£225,096	36% below HPI
2019 22 FEB	£150,000	£225,096	33% below HPI
1999 17 JUN	£50,000	£66,527	25% below HPI

5 ELM AVENUE 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 ELM AVENUE sales between June 1999 and February 2019 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 February 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 5 ELM AVENUE?

5 ELM AVENUE is 146m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 10% 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 ELM AVENUE lies on this distribution: 94% of detached houses are smaller than 5 ELM AVENUE, and 6% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

5 ELM AVENUE: Plot and Title Map

5 ELM AVENUE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 5 ELM AVENUE, 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 ELM AVENUE). 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 ELM AVENUE?

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