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
80 GEORGE STREET is a very large extended detached house of 241m², built sometime between 1950 and 1966. It was last sold for £230,000 in September 2023, which was around 19% below the average September 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 80 GEORGE STREET since 1st 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 80 GEORGE STREET 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 |
---|---|---|---|
2023 4 SEP | £230,000 | £283,775 | 19% below HPI |
2021 12 MAY | £130,000 | £235,278 | 45% below HPI |
The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 80 GEORGE STREET sales from May 2021 and September 2023 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 2021 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
80 GEORGE STREET is 241m², which includes one extension, according to the EPC inspection conducted in September 2019. 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 80 GEORGE STREET lies on this distribution: 99% of detached houses are smaller than 80 GEORGE STREET, and 1% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.
80 GEORGE STREET sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 80 GEORGE STREET, 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 80 GEORGE STREET). 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.
80 GEORGE STREET is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 80 on GEORGE STREET.