53, GEORGE STREET, MABLETHORPE, LN12 2BH - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

53 GEORGE STREET is a large extended detached house of 97m², built sometime between 1930 and 1949. It was last sold for £195,000 in January 2022, which was around 27% below the average January 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

53 GEORGE STREET Sold Prices

Land registry data shows two sales for 53 GEORGE STREET 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 53 GEORGE STREET 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
2022 5 JAN	£195,000	£266,197	27% below HPI
2001 16 NOV	£57,000	£89,506	36% below HPI

53 GEORGE STREET 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 53 GEORGE STREET sales from November 2001 and January 2022 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 November 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 53 GEORGE STREET?

53 GEORGE STREET is 97m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 53 GEORGE STREET lies on this distribution: 75% of detached houses are smaller than 53 GEORGE STREET, and 25% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

53 GEORGE STREET: Plot and Title Map

53 GEORGE STREET sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 53 GEORGE STREET, 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 53 GEORGE STREET). 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 53 GEORGE STREET?

53 GEORGE STREET is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 53 on GEORGE STREET.