PRIORDENE, GRIFT BANK, MABLETHORPE, LN12 2PB - £95,000

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

PRIORDENE is a small detached house of 63m², built sometime between 1991 and 1995. It was last sold for £95,000 in July 2014, which was around 46% below the average July 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2022, where the current energy rating was A, and the potential energy rating was B.

PRIORDENE Sold Prices

Land registry data shows two sales for PRIORDENE 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 PRIORDENE 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 9 JUL	£95,000	£174,550	46% below HPI
1995 12 OCT	£23,000	£54,380	58% below HPI

PRIORDENE 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 PRIORDENE sales from October 1995 and July 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 October 1995 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the July 2014 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is PRIORDENE?

PRIORDENE is 63m² according to the EPC inspection conducted in October 2022. 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 PRIORDENE lies on this distribution: 24% of detached houses are smaller than PRIORDENE, and 74% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

PRIORDENE: Plot and Title Map

PRIORDENE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of PRIORDENE, 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 PRIORDENE). 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 PRIORDENE?

PRIORDENE is located on GRIFT BANK in MABLETHORPE, in the LN12 postcode district. The below map shows the position of PRIORDENE on GRIFT BANK.