HEDGCROFT, ALFORD ROAD, MABLETHORPE, LN12 1ET - £300,000

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.

HEDGCROFT is a very large extended detached house of 120m², built sometime between 1900 and 1929, which could now be worth an estimated £358,450. It was last sold for £300,000 in January 2021, which was around 25% above the average January 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

HEDGCROFT Sold Prices

Land registry data shows two sales for HEDGCROFT 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. One of the two HEDGCROFT sales was for above the average price, whilst the other was 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
2021 19 JAN	£300,000	£239,575	25% above HPI
1996 15 MAR	£47,500	£52,759	10% below HPI

HEDGCROFT 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 HEDGCROFT sales from March 1996 and January 2021 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 March 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might HEDGCROFT be worth now?

HEDGCROFT might now be worth an estimated £358,450.

This is based on house price inflation of 19.5%, between January 2021 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 19.5% inflationary increase is applied to the most recent sale price for HEDGCROFT of £300,000 on 19th January 2021. For the value to have increased from £300,000 to £358,450 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of HEDGCROFT has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of HEDGCROFT has not materially changed since January 2021.

How Large is HEDGCROFT?

HEDGCROFT is 120m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mablethorpe, and where HEDGCROFT lies on this distribution: 86% of detached houses houses are smaller than HEDGCROFT, and 14% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

HEDGCROFT: Plot and Title Map

HEDGCROFT sits on a plot of roughly 0.301 of an acre, or 1,218m². The below map shows the location of HEDGCROFT, 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 HEDGCROFT). 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 HEDGCROFT?

HEDGCROFT is located on ALFORD ROAD in MABLETHORPE, in the LN12 postcode district. The below map shows the position of HEDGCROFT on ALFORD ROAD.