4, THE FORGES, MABLETHORPE, LN12 1EH - £167,950

4 THE FORGES is a midsized detached house of 80m², built sometime between 1976 and 1982. It was last sold for £167,950 in December 2016, which was around 15% below the average December 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

4 THE FORGES Sold Prices

Land registry data shows two sales for 4 THE FORGES 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 4 THE FORGES 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
2016 2 DEC	£167,950	£197,369	15% below HPI
2000 13 NOV	£75,000	£76,227	2% below HPI

4 THE FORGES 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 4 THE FORGES sales from November 2000 and December 2016 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 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 4 THE FORGES?

4 THE FORGES is 80m² according to the EPC inspection conducted in September 2016. This puts it in the largest 50% of detached houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Mablethorpe, and where 4 THE FORGES lies on this distribution: 53% of detached houses are smaller than 4 THE FORGES, and 46% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

4 THE FORGES: Plot and Title Map

4 THE FORGES sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 4 THE FORGES, 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 4 THE FORGES). 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 4 THE FORGES?

4 THE FORGES is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 4 on THE FORGES.