RAVENDALE, GOLF ROAD, MABLETHORPE, LN12 1EP - £135,000

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

RAVENDALE is a very large extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £135,000 in May 2018, which was around 35% below the average May 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

RAVENDALE Sold Prices

Land registry data shows two sales for RAVENDALE 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 RAVENDALE 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 24 MAY	£135,000	£209,025	35% below HPI
2013 30 AUG	£150,000	£165,486	9% below HPI

RAVENDALE 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 RAVENDALE sales from August 2013 and May 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 August 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2018 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is RAVENDALE?

RAVENDALE is 144m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 10% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where RAVENDALE lies on this distribution: 93% of detached houses are smaller than RAVENDALE, and 7% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

RAVENDALE: Plot and Title Map

RAVENDALE sits on a plot of roughly 0.277 of an acre, or 1,123m². The below map shows the location of RAVENDALE, 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 RAVENDALE). 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 RAVENDALE?

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