3, STRAND CLOSE, MABLETHORPE, LN12 1BE - £92,500

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.

3 STRAND CLOSE is a small extended detached house of 67m², built sometime between 1900 and 1929, which could now be worth an estimated £152,036. It was last sold for £92,500 in November 2013, which was around 45% below the average November 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

3 STRAND CLOSE Sold Prices

Land registry data shows two sales for 3 STRAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 3 STRAND 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
2013 6 NOV	£92,500	£167,539	45% below HPI
1997 23 JUL	£37,500	£61,347	39% below HPI

3 STRAND 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 two 3 STRAND CLOSE sales from July 1997 and November 2013 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 July 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2013 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 3 STRAND CLOSE be worth now?

3 STRAND CLOSE might now be worth an estimated £152,036.

This is based on house price inflation of 64.4%, between November 2013 and May 2026, 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 64.4% inflationary increase is applied to the most recent sale price for 3 STRAND CLOSE of £92,500 on 6th November 2013. For the value to have increased from £92,500 to £152,036 over the thirteen years and six months to May 2026, the following assumptions must hold true:

• The value of 3 STRAND CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2013 sale price of £92,500 represented a fair market value for the property.
• The size, condition, and specification of 3 STRAND CLOSE has not materially changed since November 2013.

How Large is 3 STRAND CLOSE?

3 STRAND CLOSE is 67m², which includes three extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% 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 3 STRAND CLOSE lies on this distribution: 31% of detached houses houses are smaller than 3 STRAND CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

3 STRAND CLOSE: Plot and Title Map

3 STRAND CLOSE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 3 STRAND 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 3 STRAND 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 3 STRAND CLOSE?

3 STRAND CLOSE is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 3 on STRAND CLOSE.