8, THE FAIRWAY, MABLETHORPE, LN12 1LL - £114,950

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

8 THE FAIRWAY is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £114,950 in November 2013, which was around 30% below the average November 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

8 THE FAIRWAY Sold Prices

Land registry data shows four sales for 8 THE FAIRWAY 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 8 THE FAIRWAY 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
2013 8 NOV	£114,950	£165,133	30% below HPI
2006 22 MAY	£124,500	£179,287	31% below HPI
2005 2 DEC	£118,500	£170,868	31% below HPI
2002 13 DEC	£69,950	£117,463	40% below HPI

8 THE FAIRWAY 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 8 THE FAIRWAY sales between December 2002 and November 2013 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 May 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2013 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 THE FAIRWAY?

8 THE FAIRWAY is 55m² according to the EPC inspection conducted in April 2014. 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 8 THE FAIRWAY lies on this distribution: 10% of detached houses are smaller than 8 THE FAIRWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

8 THE FAIRWAY: Plot and Title Map

8 THE FAIRWAY sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 8 THE FAIRWAY, 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 THE FAIRWAY). 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 THE FAIRWAY?

8 THE FAIRWAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 8 on THE FAIRWAY.