62, THE STRAND, MABLETHORPE, LN12 1BQ - £120,000

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.

62 THE STRAND is a very small semi-detached house of 52m², built sometime between 1967 and 1975, which could now be worth an estimated £154,473. It was last sold for £120,000 in December 2019, which was around 20% below the average December 2019 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

62 THE STRAND Sold Prices

Land registry data shows two sales for 62 THE STRAND since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 62 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
2019 6 DEC	£120,000	£149,885	20% below HPI
1995 26 MAY	£35,000	£36,005	3% below HPI

62 THE STRAND Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 62 THE STRAND sales from May 1995 and December 2019 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 May 1995 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 62 THE STRAND be worth now?

62 THE STRAND might now be worth an estimated £154,473.

This is based on house price inflation of 28.7%, between December 2019 and February 2025, for semi-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 28.7% inflationary increase is applied to the most recent sale price for 62 THE STRAND of £120,000 on 6th December 2019. For the value to have increased from £120,000 to £154,473 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 62 THE STRAND has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The December 2019 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 62 THE STRAND has not materially changed since December 2019.

How Large is 62 THE STRAND?

62 THE STRAND is 52m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of semi-detached houses houses in Mablethorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mablethorpe, and where 62 THE STRAND lies on this distribution: 4% of semi-detached houses houses are smaller than 62 THE STRAND, and 95% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

62 THE STRAND: Plot and Title Map

62 THE STRAND sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 62 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 62 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 62 THE STRAND?

62 THE STRAND is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 62 on THE STRAND.