1, THE LAURELS, GEORGE STREET, MABLETHORPE, LN12 2BP - £42,000

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 THE LAURELS is a very small extended semi-detached house of 35m², built sometime between 1950 and 1966, which could now be worth an estimated £71,440. It was last sold for £42,000 in May 2004, which was around 60% below the average May 2004 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

1 THE LAURELS Sold Prices

Land registry data shows three sales for 1 THE LAURELS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 1 THE LAURELS 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
2004 12 MAY	£42,000	£104,040	60% below HPI
2001 13 NOV	£30,000	£56,299	47% below HPI
1996 8 JUL	£17,500	£36,853	53% below HPI

1 THE LAURELS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three 1 THE LAURELS sales between July 1996 and May 2004 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 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2004 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

What might 1 THE LAURELS be worth now?

1 THE LAURELS might now be worth an estimated £71,440.

This is based on house price inflation of 70.1%, between May 2004 and June 2025, for semi-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 70.1% inflationary increase is applied to the most recent sale price for 1 THE LAURELS of £42,000 on 12th May 2004. For the value to have increased from £42,000 to £71,440 over the twenty years and eleven months to June 2025, the following assumptions must hold true:

• The value of 1 THE LAURELS has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The May 2004 sale price of £42,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE LAURELS has not materially changed since May 2004.

How Large is 1 THE LAURELS?

1 THE LAURELS is 35m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of semi-detached houses houses in Mablethorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mablethorpe, and where 1 THE LAURELS lies on this distribution: 2% of semi-detached houses houses are smaller than 1 THE LAURELS, and 98% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

1 THE LAURELS: Plot and Title Map

1 THE LAURELS sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 1 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

1 THE LAURELS is located on GEORGE STREET in MABLETHORPE, in the LN12 postcode district. The below map shows the position of 1 THE LAURELS on GEORGE STREET.