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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

RESTHAVEN is a large extended detached house of 96m², built sometime before 1900, which could now be worth an estimated £269,880. It was last sold for £269,000 in October 2022, which was around 5% 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	£283,963	5% below HPI
2016 8 APR	£100,000	£192,154	48% 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 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might RESTHAVEN be worth now?

RESTHAVEN might now be worth an estimated £269,880.

This is based on house price inflation of 0.3%, between October 2022 and December 2024, 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 0.3% inflationary increase is applied to the most recent sale price for RESTHAVEN of £269,000 on 31st October 2022. For the value to have increased from £269,000 to £269,880 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of RESTHAVEN has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2022 sale price of £269,000 represented a fair market value for the property.
• The size, condition, and specification of RESTHAVEN has not materially changed since October 2022.

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 houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mablethorpe, and where RESTHAVEN lies on this distribution: 73% of detached houses houses are smaller than RESTHAVEN, and 26% 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.