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
62 GEORGE STREET is a large extended detached house of 95m², built sometime between 1930 and 1949. It was last sold for £150,000 in July 2018, which was around 31% below the average July 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows four sales for 62 GEORGE STREET since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 62 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 |
---|---|---|---|
2018 17 JUL | £150,000 | £217,358 | 31% below HPI |
2014 25 NOV | £90,000 | £177,608 | 49% below HPI |
2003 26 MAR | £96,000 | £121,304 | 21% below HPI |
1997 29 AUG | £31,000 | £61,297 | 49% 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 four 62 GEORGE STREET sales between August 1997 and July 2018 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 2014 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the July 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
62 GEORGE STREET is 95m², which includes two extensions, according to the EPC inspection conducted in July 2014. 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 62 GEORGE STREET lies on this distribution: 73% of detached houses are smaller than 62 GEORGE STREET, and 26% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.
62 GEORGE STREET sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 62 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 62 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.
62 GEORGE STREET is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 62 on GEORGE STREET.