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
5A WELLINGTON AVENUE is a large detached house of 90m², built sometime between 1930 and 1949. It was last sold for £150,000 in May 2021, which was around 36% below the average May 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 5A WELLINGTON AVENUE since 1st 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 5A WELLINGTON 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 |
---|---|---|---|
2021 10 MAY | £150,000 | £235,278 | 36% below HPI |
2003 29 JUL | £90,000 | £136,015 | 34% below HPI |
1996 9 FEB | £38,000 | £54,199 | 30% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 5A WELLINGTON AVENUE sales between February 1996 and May 2021 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 July 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
5A WELLINGTON AVENUE is 90m² according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 5A WELLINGTON AVENUE lies on this distribution: 66% of detached houses are smaller than 5A WELLINGTON AVENUE, and 33% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.
5A WELLINGTON AVENUE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 5A WELLINGTON 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 5A WELLINGTON 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.
5A WELLINGTON AVENUE is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 5A on WELLINGTON AVENUE.