7, PARKLANDS, MABLETHORPE, LN12 1BY - £115,000

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

7 PARKLANDS is a small detached house of 61m², built sometime between 1991 and 1995. It was last sold for £115,000 in September 2016, which was around 40% below the average September 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

7 PARKLANDS Sold Prices

Land registry data shows four sales for 7 PARKLANDS since 1^st 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 7 PARKLANDS 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
2016 30 SEP	£115,000	£191,934	40% below HPI
2013 15 MAR	£107,000	£161,323	34% below HPI
2001 12 SEP	£62,000	£85,238	27% below HPI
1995 24 JAN	£42,000	£59,586	30% below HPI

7 PARKLANDS 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 four 7 PARKLANDS sales between January 1995 and September 2016 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 March 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 7 PARKLANDS?

7 PARKLANDS is 61m² according to the EPC inspection conducted in May 2023. 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 7 PARKLANDS lies on this distribution: 21% of detached houses are smaller than 7 PARKLANDS, and 78% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

7 PARKLANDS: Plot and Title Map

7 PARKLANDS sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 7 PARKLANDS, 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 7 PARKLANDS). 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 7 PARKLANDS?

7 PARKLANDS is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 7 on PARKLANDS.