8, MASEFIELD DRIVE, SANDILANDS, MABLETHORPE, LN12 2SF - £315,000

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

8 MASEFIELD DRIVE is a small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £315,000 in October 2022, which was around 13% above the average October 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was B.

8 MASEFIELD DRIVE Sold Prices

Land registry data shows two sales for 8 MASEFIELD DRIVE 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 8 MASEFIELD DRIVE sales were for above 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 21 OCT	£315,000	£279,885	13% above HPI
2004 7 JAN	£155,000	£144,067	8% above HPI

8 MASEFIELD DRIVE 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 8 MASEFIELD DRIVE sales from January 2004 and October 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 2004 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the October 2022 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 8 MASEFIELD DRIVE?

8 MASEFIELD DRIVE is 79m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses in Sandilands, based on EPC data. The below chart shows the distribution of detached houses by size in Sandilands, and where 8 MASEFIELD DRIVE lies on this distribution: 38% of detached houses are smaller than 8 MASEFIELD DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Sandilands.

8 MASEFIELD DRIVE: Plot and Title Map

8 MASEFIELD DRIVE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 8 MASEFIELD DRIVE, 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 8 MASEFIELD DRIVE). 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 8 MASEFIELD DRIVE?

8 MASEFIELD DRIVE is located in SANDILANDS, in the LN12 postcode district. The below map shows the position of No. 8 on MASEFIELD DRIVE.