8, RIPON PLACE, MABLETHORPE, LN12 2DL - £143,000

8 RIPON PLACE is a very small extended detached house of 57m², built sometime between 1967 and 1975. It was last sold for £143,000 in April 2021, which was around 39% below the average April 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

8 RIPON PLACE Sold Prices

Land registry data shows two sales for 8 RIPON PLACE 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 RIPON PLACE 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
2021 1 APR	£143,000	£232,750	39% below HPI
1998 19 AUG	£46,500	£64,389	28% below HPI

8 RIPON PLACE 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 RIPON PLACE sales from August 1998 and April 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 August 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 8 RIPON PLACE?

8 RIPON PLACE is 57m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% 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 RIPON PLACE lies on this distribution: 15% of detached houses are smaller than 8 RIPON PLACE, and 83% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

8 RIPON PLACE: Plot and Title Map

8 RIPON PLACE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 8 RIPON PLACE, 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 RIPON PLACE). 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 RIPON PLACE?

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