PENARTH, SEACROFT ROAD, MABLETHORPE, LN12 2DT - £210,000

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

PENARTH is a large detached house of 95m², built sometime between 1967 and 1975. It was last sold for £210,000 in July 2021, which was around 12% below the average July 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

PENARTH Sold Prices

Land registry data shows four sales for PENARTH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four PENARTH 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
2021 15 JUL	£210,000	£239,638	12% below HPI
2020 22 OCT	£199,950	£223,136	10% below HPI
2016 12 AUG	£169,950	£189,466	10% below HPI
2015 16 JAN	£133,000	£174,154	24% below HPI

PENARTH 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 four PENARTH sales between January 2015 and July 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 October 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is PENARTH?

PENARTH is 95m² according to the EPC inspection conducted in May 2014. This puts it in the largest 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 PENARTH lies on this distribution: 73% of detached houses are smaller than PENARTH, and 26% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

PENARTH: Plot and Title Map

PENARTH sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of PENARTH, 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 PENARTH). 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 PENARTH?

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