TOWER BUNGALOW, SEAHOLME ROAD, MABLETHORPE, LN12 2NX - £130,000

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

TOWER BUNGALOW is a very large extended detached house of 136m², built sometime between 1930 and 1949. It was last sold for £130,000 in April 2016, which was around 31% below the average April 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

TOWER BUNGALOW Sold Prices

Land registry data shows two sales for TOWER BUNGALOW 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 TOWER BUNGALOW 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
2016 6 APR	£130,000	£189,394	31% below HPI
2001 2 FEB	£53,500	£76,870	30% below HPI

TOWER BUNGALOW 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 TOWER BUNGALOW sales from February 2001 and April 2016 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 February 2001 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is TOWER BUNGALOW?

TOWER BUNGALOW is 136m², which includes one extension, according to the EPC inspection conducted in November 2014. 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 TOWER BUNGALOW lies on this distribution: 91% of detached houses are smaller than TOWER BUNGALOW, and 8% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

TOWER BUNGALOW: Plot and Title Map

TOWER BUNGALOW sits on a plot of roughly 0.263 of an acre, or 1,065m². The below map shows the location of TOWER BUNGALOW, 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 TOWER BUNGALOW). 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 TOWER BUNGALOW?

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