5, IVEL CLOSE, MABLETHORPE, LN12 1NA - £144,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 IVEL CLOSE is a midsized detached house of 83m², built sometime between 2003 and 2006, which could now be worth an estimated £245,273. It was last sold for £144,000 in October 2011, which was around 14% below the average October 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

5 IVEL CLOSE Sold Prices

Land registry data shows two sales for 5 IVEL CLOSE 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 5 IVEL CLOSE 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
2011 26 OCT	£144,000	£168,059	14% below HPI
2006 24 MAR	£165,000	£170,812	3% below HPI

5 IVEL CLOSE 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 5 IVEL CLOSE sales from March 2006 and October 2011 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 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2011 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 IVEL CLOSE be worth now?

5 IVEL CLOSE might now be worth an estimated £245,273.

This is based on house price inflation of 70.3%, between October 2011 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.3% inflationary increase is applied to the most recent sale price for 5 IVEL CLOSE of £144,000 on 26th October 2011. For the value to have increased from £144,000 to £245,273 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 IVEL CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2011 sale price of £144,000 represented a fair market value for the property.
• The size, condition, and specification of 5 IVEL CLOSE has not materially changed since October 2011.

How Large is 5 IVEL CLOSE?

5 IVEL CLOSE is 83m² according to the EPC inspection conducted in December 2010. This puts it in the largest 50% of detached houses houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mablethorpe, and where 5 IVEL CLOSE lies on this distribution: 58% of detached houses houses are smaller than 5 IVEL CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

5 IVEL CLOSE: Plot and Title Map

5 IVEL CLOSE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 5 IVEL CLOSE, 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 IVEL CLOSE). 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 IVEL CLOSE?

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