78, THE STRAND, MABLETHORPE, LN12 1BQ - £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

78 THE STRAND is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £115,000 in October 2017, which was around 45% below the average October 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

78 THE STRAND Sold Prices

Land registry data shows two sales for 78 THE STRAND since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 78 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
2017 13 OCT	£115,000	£209,258	45% below HPI
2007 15 JAN	£117,000	£178,011	34% below HPI

78 THE STRAND 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 two 78 THE STRAND sales from January 2007 and October 2017 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 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2017 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 78 THE STRAND?

78 THE STRAND is 57m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 78 THE STRAND lies on this distribution: 15% of detached houses are smaller than 78 THE STRAND, and 83% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

78 THE STRAND: Plot and Title Map

78 THE STRAND sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 78 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 78 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 78 THE STRAND?

78 THE STRAND is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 78 on THE STRAND.