3, TOWER CLOSE, MABLETHORPE, LN12 2YA - £160,000

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.

3 TOWER CLOSE is a very small semi-detached house of 57m², built sometime between 2003 and 2006, which could now be worth an estimated £179,481. It was last sold for £160,000 in January 2021, which was around 1% above the average January 2021 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

3 TOWER CLOSE Sold Prices

Land registry data shows four sales for 3 TOWER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four 3 TOWER CLOSE sales were for above 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 29 JAN	£160,000	£157,760	1% above HPI
2014 7 FEB	£114,500	£113,339	1% above HPI
2007 4 OCT	£123,500	£128,369	4% below HPI
2001 25 MAY	£55,750	£51,019	9% above HPI

3 TOWER CLOSE 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 four 3 TOWER CLOSE sales between May 2001 and January 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 February 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2021 sale, which was also at 1% above the HPI.

What might 3 TOWER CLOSE be worth now?

3 TOWER CLOSE might now be worth an estimated £179,481.

This is based on house price inflation of 12.2%, between January 2021 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 12.2% inflationary increase is applied to the most recent sale price for 3 TOWER CLOSE of £160,000 on 29th January 2021. For the value to have increased from £160,000 to £179,481 over the three years and seven months to June 2025, the following assumptions must hold true:

• The value of 3 TOWER CLOSE has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The January 2021 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 3 TOWER CLOSE has not materially changed since January 2021.

How Large is 3 TOWER CLOSE?

3 TOWER CLOSE is 57m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 20% 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 3 TOWER CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 3 TOWER CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

3 TOWER CLOSE: Plot and Title Map

3 TOWER CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 3 TOWER 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 TOWER 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 TOWER CLOSE?

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