ARCADIA, GRIFT BANK, MABLETHORPE, LN12 2PB - £145,000

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

ARCADIA is a midsized extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £145,000 in November 2017, which was around 30% below the average November 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

ARCADIA Sold Prices

Land registry data shows two sales for ARCADIA 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 ARCADIA 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
2017 13 NOV	£145,000	£207,429	30% below HPI
1996 4 OCT	£42,000	£57,578	27% below HPI

ARCADIA 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 ARCADIA sales from October 1996 and November 2017 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 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is ARCADIA?

ARCADIA is 81m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where ARCADIA lies on this distribution: 55% of detached houses are smaller than ARCADIA, and 45% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

ARCADIA: Plot and Title Map

ARCADIA sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of ARCADIA, 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 ARCADIA). 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 ARCADIA?

ARCADIA is located on GRIFT BANK in MABLETHORPE, in the LN12 postcode district. The below map shows the position of ARCADIA on GRIFT BANK.