65, THE STRAND, MABLETHORPE, LN12 1BQ - £117,000

65 THE STRAND is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £117,000 in September 2010, which was around 30% below the average September 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

65 THE STRAND Sold Prices

Land registry data shows three sales for 65 THE STRAND since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 65 THE STRAND 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
2010 23 SEP	£117,000	£168,183	30% below HPI
2004 1 JUN	£99,950	£157,863	37% below HPI
1998 16 OCT	£41,000	£64,551	36% below HPI

65 THE STRAND 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 three 65 THE STRAND sales between October 1998 and September 2010 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 June 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2010 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 65 THE STRAND?

65 THE STRAND is 55m² according to the EPC inspection conducted in May 2011. 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 65 THE STRAND lies on this distribution: 9% of detached houses are smaller than 65 THE STRAND, and 91% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

65 THE STRAND: Plot and Title Map

65 THE STRAND sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 65 THE STRAND, 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 65 THE STRAND). 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 65 THE STRAND?

65 THE STRAND is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 65 on THE STRAND.