8, THE GREEN, MABLETHORPE, LN12 1JS - £126,000

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

8 THE GREEN is a very small detached house of 55m², built sometime between 1991 and 1995. It was last sold for £126,000 in May 2019, which was around 42% below the average May 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

8 THE GREEN Sold Prices

Land registry data shows two sales for 8 THE GREEN 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 THE GREEN 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
2019 7 MAY	£126,000	£216,678	42% below HPI
1998 29 OCT	£45,000	£64,551	30% below HPI

8 THE GREEN 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 THE GREEN sales from October 1998 and May 2019 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 October 1998 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2019 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 8 THE GREEN?

8 THE GREEN is 55m² according to the EPC inspection conducted in July 2018. 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 GREEN lies on this distribution: 10% of detached houses are smaller than 8 THE GREEN, and 89% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

8 THE GREEN: Plot and Title Map

8 THE GREEN sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 8 THE GREEN, 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 GREEN). 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 GREEN?

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