WHITEWALLS, GOLF ROAD, MABLETHORPE, LN12 1LP - £140,000

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

WHITEWALLS is a very small extended detached house of 46m², built sometime between 1930 and 1949, which could now be worth an estimated £149,559. It was last sold for £140,000 in July 2024, which was around 48% below the average July 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

WHITEWALLS Sold Prices

Land registry data shows three sales for WHITEWALLS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three WHITEWALLS 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
2024 26 JUL	£140,000	£266,684	48% below HPI
2017 8 DEC	£130,000	£211,637	39% below HPI
2006 9 AUG	£119,950	£179,551	33% below HPI

WHITEWALLS 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 three WHITEWALLS sales between August 2006 and July 2024 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 December 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2024 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might WHITEWALLS be worth now?

WHITEWALLS might now be worth an estimated £149,559.

This is based on house price inflation of 6.8%, between July 2024 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 6.8% inflationary increase is applied to the most recent sale price for WHITEWALLS of £140,000 on 26th July 2024. For the value to have increased from £140,000 to £149,559 over the seven months to December 2024, the following assumptions must hold true:

• The value of WHITEWALLS has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2024 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of WHITEWALLS has not materially changed since July 2024.

How Large is WHITEWALLS?

WHITEWALLS is 46m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% 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 WHITEWALLS lies on this distribution: 2% of detached houses houses are smaller than WHITEWALLS, and 98% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

WHITEWALLS: Plot and Title Map

WHITEWALLS sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of WHITEWALLS, 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 WHITEWALLS). 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 WHITEWALLS?

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