31, CHELTENHAM WAY, MABLETHORPE, LN12 2AX - £105,000

31 CHELTENHAM WAY is a very small semi-detached house of 52m², built sometime between 1967 and 1975. It was last sold for £105,000 in March 2014, which was around 38% below the average March 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

31 CHELTENHAM WAY Sold Prices

Land registry data shows two sales for 31 CHELTENHAM WAY 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 31 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
2014 14 MAR	£105,000	£169,075	38% below HPI
2006 27 NOV	£120,000	£176,362	32% below HPI

31 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 two 31 CHELTENHAM WAY sales from November 2006 and March 2014 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 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2014 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 31 CHELTENHAM WAY?

31 CHELTENHAM WAY is 52m² according to the EPC inspection conducted in May 2013. 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 31 CHELTENHAM WAY lies on this distribution: 4% of detached houses are smaller than 31 CHELTENHAM WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

31 CHELTENHAM WAY: Plot and Title Map

31 CHELTENHAM WAY sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 31 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 31 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 31 CHELTENHAM WAY?

31 CHELTENHAM WAY is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 31 on CHELTENHAM WAY.