55, THE STRAND, MABLETHORPE, LN12 1BQ - £100,000

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

55 THE STRAND is a small extended detached house of 65m², built sometime between 1967 and 1975. It was last sold for £100,000 in September 2017, which was around 52% below the average September 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

55 THE STRAND Sold Prices

Land registry data shows two sales for 55 THE STRAND 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 55 THE STRAND 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 20 SEP	£100,000	£210,398	52% below HPI
1995 19 OCT	£40,000	£54,380	26% below HPI

55 THE STRAND 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 55 THE STRAND sales from October 1995 and September 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 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2017 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 55 THE STRAND?

55 THE STRAND is 65m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 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 55 THE STRAND lies on this distribution: 28% of detached houses are smaller than 55 THE STRAND, and 71% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

55 THE STRAND: Plot and Title Map

55 THE STRAND sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 55 THE STRAND, 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 55 THE STRAND). 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 55 THE STRAND?

55 THE STRAND is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 55 on THE STRAND.