12, FALDOS WAY, MABLETHORPE, LN12 1NF - £165,000

12 FALDOS WAY is a very small detached house of 54m², built sometime between 2003 and 2006. It was last sold for £165,000 in August 2021, which was around 32% below the average August 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

12 FALDOS WAY Sold Prices

Land registry data shows three sales for 12 FALDOS WAY 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 12 FALDOS WAY 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
2021 26 AUG	£165,000	£243,899	32% below HPI
2018 11 APR	£156,000	£205,229	24% below HPI
2004 29 JUL	£128,500	£160,925	20% below HPI

12 FALDOS WAY 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 12 FALDOS WAY sales between July 2004 and August 2021 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 April 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 12 FALDOS WAY?

12 FALDOS WAY is 54m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 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 12 FALDOS WAY lies on this distribution: 7% of detached houses are smaller than 12 FALDOS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

12 FALDOS WAY: Plot and Title Map

12 FALDOS WAY sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 12 FALDOS WAY, 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 12 FALDOS WAY). 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 12 FALDOS WAY?

12 FALDOS WAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 12 on FALDOS WAY.