FOUR FARTHINGS, VYNER CLOSE, MABLETHORPE, LN12 2DW - £131,000

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

FOUR FARTHINGS is a small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £131,000 in September 2018, which was around 41% below the average September 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

FOUR FARTHINGS Sold Prices

Land registry data shows three sales for FOUR FARTHINGS 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. All of the three FOUR FARTHINGS 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
2018 19 SEP	£131,000	£222,708	41% below HPI
2015 14 DEC	£86,500	£189,181	54% below HPI
2000 29 SEP	£41,500	£75,578	45% below HPI

FOUR FARTHINGS 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 FOUR FARTHINGS sales between September 2000 and September 2018 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 December 2015 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the September 2018 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is FOUR FARTHINGS?

FOUR FARTHINGS is 66m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where FOUR FARTHINGS lies on this distribution: 29% of detached houses are smaller than FOUR FARTHINGS, and 69% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

FOUR FARTHINGS: Plot and Title Map

FOUR FARTHINGS sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of FOUR FARTHINGS, 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 FOUR FARTHINGS). 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 FOUR FARTHINGS?

FOUR FARTHINGS is located on VYNER CLOSE in MABLETHORPE, in the LN12 postcode district. The below map shows the position of FOUR FARTHINGS on VYNER CLOSE.