7, SOMERSBY AVENUE, MABLETHORPE, LN12 1HH - £97,000

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 SOMERSBY AVENUE is a very small detached house of 53m², built sometime between 1930 and 1949. It was last sold for £97,000 in November 2006, which was around 45% below the average November 2006 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was B.

7 SOMERSBY AVENUE Sold Prices

Land registry data shows four sales for 7 SOMERSBY AVENUE 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 SOMERSBY AVENUE 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
2006 3 NOV	£97,000	£176,362	45% below HPI
2006 13 APR	£87,000	£174,566	50% below HPI
2006 2 FEB	£80,000	£167,207	52% below HPI
2000 12 MAY	£40,000	£72,066	44% below HPI

7 SOMERSBY AVENUE 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 SOMERSBY AVENUE sales between May 2000 and November 2006 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 April 2006 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the November 2006 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 7 SOMERSBY AVENUE?

7 SOMERSBY AVENUE is 53m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% 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 SOMERSBY AVENUE lies on this distribution: 6% of detached houses are smaller than 7 SOMERSBY AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

7 SOMERSBY AVENUE: Plot and Title Map

7 SOMERSBY AVENUE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 7 SOMERSBY AVENUE, 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 SOMERSBY AVENUE). 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 SOMERSBY AVENUE?

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