5, MASONS CLOSE, SANDILANDS, MABLETHORPE, LN12 2SE - £272,000

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 MASONS CLOSE is a very large detached house of 126m², built sometime between 2003 and 2006, which could now be worth an estimated £363,288. It was last sold for £272,000 in August 2017, which was around 27% above the average August 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

5 MASONS CLOSE Sold Prices

Land registry data shows two sales for 5 MASONS 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 MASONS CLOSE sales were for above 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 25 AUG	£272,000	£214,322	27% above HPI
2004 22 OCT	£215,000	£169,571	27% above HPI

5 MASONS 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 MASONS CLOSE sales from October 2004 and August 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 October 2004 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2017 sale, which was also at 27% above the HPI.

What might 5 MASONS CLOSE be worth now?

5 MASONS CLOSE might now be worth an estimated £363,288.

This is based on house price inflation of 33.6%, between August 2017 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 33.6% inflationary increase is applied to the most recent sale price for 5 MASONS CLOSE of £272,000 on 25th August 2017. For the value to have increased from £272,000 to £363,288 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 5 MASONS CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2017 sale price of £272,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MASONS CLOSE has not materially changed since August 2017.

How Large is 5 MASONS CLOSE?

5 MASONS CLOSE is 126m² according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses houses in Sandilands, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandilands, and where 5 MASONS CLOSE lies on this distribution: 83% of detached houses houses are smaller than 5 MASONS CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Sandilands.

5 MASONS CLOSE: Plot and Title Map

5 MASONS CLOSE sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of 5 MASONS 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 MASONS 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 MASONS CLOSE?

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