8, THE STRAND, MABLETHORPE, LN12 1BQ - £300,000

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 THE STRAND is a very large extended detached house of 171m², built sometime between 1930 and 1949. It was last sold for £300,000 in May 2022, which was around 11% above the average May 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

8 THE STRAND Sold Prices

Land registry data shows three sales for 8 THE STRAND since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the three 8 THE STRAND sales was for above the average price, whilst two 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
2022 23 MAY	£300,000	£269,782	11% above HPI
2007 10 APR	£184,000	£186,442	1% below HPI
1999 5 OCT	£37,500	£67,772	45% below HPI

8 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 three 8 THE STRAND sales between October 1999 and May 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 April 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 8 THE STRAND?

8 THE STRAND is 171m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 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 STRAND lies on this distribution: 97% of detached houses are smaller than 8 THE STRAND, and 3% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

8 THE STRAND: Plot and Title Map

8 THE STRAND sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 8 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 8 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 8 THE STRAND?

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