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
68 GEORGE STREET is a large extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £180,000 in October 2021, which was around 28% below the average October 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 68 GEORGE STREET 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 68 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 |
---|---|---|---|
2021 26 OCT | £180,000 | £251,466 | 28% below HPI |
2015 30 NOV | £125,000 | £188,088 | 34% below HPI |
2013 22 OCT | £90,000 | £170,169 | 47% 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 68 GEORGE STREET sales between October 2013 and October 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 November 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
68 GEORGE STREET is 91m², which includes two extensions, according to the EPC inspection conducted in September 2021. 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 68 GEORGE STREET lies on this distribution: 67% of detached houses are smaller than 68 GEORGE STREET, and 32% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.
68 GEORGE STREET sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 68 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 68 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.
68 GEORGE STREET is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 68 on GEORGE STREET.