ROMPA, SEAHOLME ROAD, MABLETHORPE, LN12 2NX - £108,000

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

ROMPA is a small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £108,000 in June 2015, which was around 40% below the average June 2015 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

ROMPA Sold Prices

Land registry data shows two sales for ROMPA 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 ROMPA 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
2015 1 JUN	£108,000	£180,157	40% below HPI
2012 31 OCT	£80,000	£160,599	50% below HPI

ROMPA 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 ROMPA sales from October 2012 and June 2015 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 2012 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2015 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is ROMPA?

ROMPA is 63m² according to the EPC inspection conducted in October 2023. 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 ROMPA lies on this distribution: 24% of detached houses are smaller than ROMPA, and 74% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

ROMPA: Plot and Title Map

ROMPA sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of ROMPA, 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 ROMPA). 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 ROMPA?

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