CHARMAIN, ETON ROAD, TRUSTHORPE, MABLETHORPE, LN12 2PX - £117,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHARMAIN is a very small detached house of 52m², built sometime between 1967 and 1975, which could now be worth an estimated £176,308. It was last sold for £117,000 in February 2016, which was around 38% below the average February 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

CHARMAIN Sold Prices

Land registry data shows six sales for CHARMAIN since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the six CHARMAIN 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
2016 4 FEB	£117,000	£189,960	38% below HPI
2014 7 NOV	£115,500	£180,195	36% below HPI
2002 31 JAN	£59,950	£92,508	35% below HPI
1999 8 SEP	£39,500	£69,473	43% below HPI
1998 25 NOV	£48,000	£68,272	30% below HPI
1995 27 OCT	£39,950	£55,172	28% below HPI

CHARMAIN 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 six CHARMAIN sales between October 1995 and February 2016 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 November 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2016 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might CHARMAIN be worth now?

CHARMAIN might now be worth an estimated £176,308.

This is based on house price inflation of 50.7%, between February 2016 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.7% inflationary increase is applied to the most recent sale price for CHARMAIN of £117,000 on 4th February 2016. For the value to have increased from £117,000 to £176,308 over the nine years to February 2025, the following assumptions must hold true:

• The value of CHARMAIN has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2016 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of CHARMAIN has not materially changed since February 2016.

How Large is CHARMAIN?

CHARMAIN is 52m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses houses in Trusthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trusthorpe, and where CHARMAIN lies on this distribution: 2% of detached houses houses are smaller than CHARMAIN, and 98% of houses are larger. Note that EPC data is not available for all properties in Trusthorpe.

CHARMAIN: Plot and Title Map

CHARMAIN sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of CHARMAIN, 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 CHARMAIN). 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 CHARMAIN?

CHARMAIN is located on ETON ROAD in TRUSTHORPE, in the LN12 postcode district. The below map shows the position of CHARMAIN on ETON ROAD.