EAST LEE, SEA LANE, SANDILANDS, MABLETHORPE, LN12 2RA - £156,000

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

EAST LEE is a midsized detached house of 87m², built sometime between 1983 and 1990. It was last sold for £156,000 in June 2014, which was around 10% below the average June 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

EAST LEE Sold Prices

Land registry data shows two sales for EAST LEE 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 EAST LEE 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
2014 4 JUN	£156,000	£174,182	10% below HPI
2011 9 NOV	£140,000	£164,467	15% below HPI

EAST LEE 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 EAST LEE sales from November 2011 and June 2014 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 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is EAST LEE?

EAST LEE is 87m² according to the EPC inspection conducted in April 2011. This puts it in the largest 50% of detached houses in Sandilands, based on EPC data. The below chart shows the distribution of detached houses by size in Sandilands, and where EAST LEE lies on this distribution: 51% of detached houses are smaller than EAST LEE, and 49% of houses are larger. Note that EPC data is not available for all properties in Sandilands.

EAST LEE: Plot and Title Map

EAST LEE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of EAST LEE, 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 EAST LEE). 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 EAST LEE?

EAST LEE is located on SEA LANE in SANDILANDS, in the LN12 postcode district. The below map shows the position of EAST LEE on SEA LANE.