WOODWAYS, VICTORIA ROAD, MABLETHORPE, LN12 2AF - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WOODWAYS is a very large extended detached house of 143m², built sometime between 1930 and 1949. It was last sold for £165,000 in June 2020, which was around 25% below the average June 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

WOODWAYS Sold Prices

Land registry data shows three sales for WOODWAYS 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 WOODWAYS 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
2020 22 JUN	£165,000	£218,791	25% below HPI
2019 20 SEP	£150,000	£221,456	32% below HPI
2006 24 FEB	£149,995	£167,207	10% below HPI

WOODWAYS 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 WOODWAYS sales between February 2006 and June 2020 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 September 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is WOODWAYS?

WOODWAYS is 143m², which includes one extension, according to the EPC inspection conducted in January 2017. 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 WOODWAYS lies on this distribution: 93% of detached houses are smaller than WOODWAYS, and 7% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

WOODWAYS: Plot and Title Map

WOODWAYS sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of WOODWAYS, 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 WOODWAYS). 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 WOODWAYS?

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