1, IVEL CLOSE, MABLETHORPE, LN12 1NA - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 IVEL CLOSE is a small detached house of 62m², built sometime between 2003 and 2006, which could now be worth an estimated £197,783. It was last sold for £170,000 in December 2019, which was around 25% below the average December 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

1 IVEL CLOSE Sold Prices

Land registry data shows three sales for 1 IVEL CLOSE 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 1 IVEL CLOSE 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
2019 3 DEC	£170,000	£226,235	25% below HPI
2016 15 DEC	£149,950	£200,244	25% below HPI
1998 22 SEP	£49,995	£66,334	25% below HPI

1 IVEL CLOSE 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 1 IVEL CLOSE sales between September 1998 and December 2019 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 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2019 sale, which was also at 25% below the HPI.

What might 1 IVEL CLOSE be worth now?

1 IVEL CLOSE might now be worth an estimated £197,783.

This is based on house price inflation of 16.3%, between December 2019 and June 2025, 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 16.3% inflationary increase is applied to the most recent sale price for 1 IVEL CLOSE of £170,000 on 3rd December 2019. For the value to have increased from £170,000 to £197,783 over the six years and six months to June 2025, the following assumptions must hold true:

• The value of 1 IVEL CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The December 2019 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 1 IVEL CLOSE has not materially changed since December 2019.

How Large is 1 IVEL CLOSE?

1 IVEL CLOSE is 62m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% 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 1 IVEL CLOSE lies on this distribution: 23% of detached houses houses are smaller than 1 IVEL CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

1 IVEL CLOSE: Plot and Title Map

1 IVEL CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 1 IVEL CLOSE, 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 1 IVEL CLOSE). 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 1 IVEL CLOSE?

1 IVEL CLOSE is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 1 on IVEL CLOSE.