NEWLANDS, MAIN STREET, TRUSTHORPE, MABLETHORPE, LN12 2QE - £137,500

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.

NEWLANDS is a large detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £268,251. It was last sold for £137,500 in December 2003, which was around 6% below the average December 2003 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

NEWLANDS Sold Prices

Land registry data shows three sales for NEWLANDS 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 NEWLANDS 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
2003 17 DEC	£137,500	£146,727	6% below HPI
2000 13 OCT	£66,000	£76,645	14% below HPI
1998 18 SEP	£55,000	£66,334	17% below HPI

NEWLANDS 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 NEWLANDS sales between September 1998 and December 2003 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 2000 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2003 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might NEWLANDS be worth now?

NEWLANDS might now be worth an estimated £268,251.

This is based on house price inflation of 95.1%, between December 2003 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 95.1% inflationary increase is applied to the most recent sale price for NEWLANDS of £137,500 on 17th December 2003. For the value to have increased from £137,500 to £268,251 over the 22 years and ten months to February 2025, the following assumptions must hold true:

• The value of NEWLANDS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2003 sale price of £137,500 represented a fair market value for the property.
• The size, condition, and specification of NEWLANDS has not materially changed since December 2003.

How Large is NEWLANDS?

NEWLANDS is 93m² according to the EPC inspection conducted in January 2015. This puts it in the largest 40% 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 NEWLANDS lies on this distribution: 67% of detached houses houses are smaller than NEWLANDS, and 31% of houses are larger. Note that EPC data is not available for all properties in Trusthorpe.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on MAIN STREET in TRUSTHORPE, in the LN12 postcode district. The below map shows the position of NEWLANDS on MAIN STREET.