RESTHAVEN, QUEENS PARK CLOSE, MABLETHORPE, LN12 2AS - £269,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

RESTHAVEN is a large extended detached house of 96m², built sometime before 1900. It was last sold for £269,000 in October 2022, which was around 4% below the average October 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

RESTHAVEN Sold Prices

Land registry data shows two sales for RESTHAVEN 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 RESTHAVEN 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
2022 31 OCT	£269,000	£279,885	4% below HPI
2016 8 APR	£100,000	£189,394	47% below HPI

RESTHAVEN 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 RESTHAVEN sales from April 2016 and October 2022 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 April 2016 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is RESTHAVEN?

RESTHAVEN is 96m², which includes one extension, according to the EPC inspection conducted in August 2022. 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 RESTHAVEN lies on this distribution: 74% of detached houses are smaller than RESTHAVEN, and 25% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

RESTHAVEN: Plot and Title Map

RESTHAVEN sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of RESTHAVEN, 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 RESTHAVEN). 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 RESTHAVEN?

RESTHAVEN is located on QUEENS PARK CLOSE in MABLETHORPE, in the LN12 postcode district. The below map shows the position of RESTHAVEN on QUEENS PARK CLOSE.