SARAMAR, SUTTON ROAD, TRUSTHORPE, MABLETHORPE, LN12 2PP - £260,000

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

SARAMAR is a small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £260,000 in March 2022, which was around 1% below the average March 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

SARAMAR Sold Prices

Land registry data shows four sales for SARAMAR since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four SARAMAR 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 28 MAR	£260,000	£263,829	1% below HPI
2014 28 NOV	£162,500	£177,608	9% below HPI
2007 27 JUL	£162,500	£190,636	15% below HPI
2004 1 DEC	£141,000	£169,725	17% below HPI

SARAMAR 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 four SARAMAR sales between December 2004 and March 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 November 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is SARAMAR?

SARAMAR is 71m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses in Trusthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Trusthorpe, and where SARAMAR lies on this distribution: 20% of detached houses are smaller than SARAMAR, and 79% of houses are larger. Note that EPC data is not available for all properties in Trusthorpe.

SARAMAR: Plot and Title Map

SARAMAR sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of SARAMAR, 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 SARAMAR). 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 SARAMAR?

SARAMAR is located on SUTTON ROAD in TRUSTHORPE, in the LN12 postcode district. The below map shows the position of SARAMAR on SUTTON ROAD.