2, CHELTENHAM WAY, MABLETHORPE, LN12 2AX - £190,000

2 CHELTENHAM WAY is a small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £190,000 in November 2021, which was around 26% below the average November 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

2 CHELTENHAM WAY Sold Prices

Land registry data shows four sales for 2 CHELTENHAM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four 2 CHELTENHAM 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 30 NOV	£190,000	£257,326	26% below HPI
2018 8 AUG	£140,000	£218,460	36% below HPI
2004 17 FEB	£120,000	£147,806	19% below HPI
2002 16 AUG	£89,950	£105,490	15% below HPI

2 CHELTENHAM 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 four 2 CHELTENHAM WAY sales between August 2002 and November 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 August 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 2 CHELTENHAM WAY?

2 CHELTENHAM WAY is 65m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 2 CHELTENHAM WAY lies on this distribution: 28% of detached houses are smaller than 2 CHELTENHAM WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

2 CHELTENHAM WAY: Plot and Title Map

2 CHELTENHAM WAY sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 2 CHELTENHAM 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 2 CHELTENHAM 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 2 CHELTENHAM WAY?

2 CHELTENHAM WAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 2 on CHELTENHAM WAY.