8, MAXWELL DRIVE, MABLETHORPE, LN12 1BS - £105,000

8 MAXWELL DRIVE is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £105,000 in November 2016, which was around 47% below the average November 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

8 MAXWELL DRIVE Sold Prices

Land registry data shows two sales for 8 MAXWELL DRIVE 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 8 MAXWELL DRIVE 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 25 NOV	£105,000	£197,814	47% below HPI
2003 17 JAN	£69,500	£118,614	41% below HPI

8 MAXWELL DRIVE 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 8 MAXWELL DRIVE sales from January 2003 and November 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 January 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2016 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 8 MAXWELL DRIVE?

8 MAXWELL DRIVE is 55m² according to the EPC inspection conducted in July 2016. 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 8 MAXWELL DRIVE lies on this distribution: 9% of detached houses are smaller than 8 MAXWELL DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

8 MAXWELL DRIVE: Plot and Title Map

8 MAXWELL DRIVE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 8 MAXWELL DRIVE, 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 8 MAXWELL DRIVE). 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 8 MAXWELL DRIVE?

8 MAXWELL DRIVE is located in MABLETHORPE, in the LN12 postcode district. The below map shows the position of No. 8 on MAXWELL DRIVE.