7, RUTLAND ROAD, MABLETHORPE, LN12 1EN - £225,000

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

7 RUTLAND ROAD is a small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £225,000 in August 2022, which was around 18% below the average August 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2019, where the current energy rating was A, and the potential energy rating was A.

7 RUTLAND ROAD Sold Prices

Land registry data shows four sales for 7 RUTLAND ROAD 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 RUTLAND ROAD 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
2022 2 AUG	£225,000	£275,687	18% below HPI
2020 24 JAN	£145,000	£215,745	33% below HPI
2001 14 MAY	£46,000	£80,622	43% below HPI
1998 11 SEP	£45,000	£65,381	31% below HPI

7 RUTLAND ROAD 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 RUTLAND ROAD sales between September 1998 and August 2022 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 January 2020 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 7 RUTLAND ROAD?

7 RUTLAND ROAD is 70m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 7 RUTLAND ROAD lies on this distribution: 37% of detached houses are smaller than 7 RUTLAND ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

7 RUTLAND ROAD: Plot and Title Map

7 RUTLAND ROAD sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 7 RUTLAND ROAD, 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 RUTLAND ROAD). 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 RUTLAND ROAD?

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