FRANJO, GOLF ROAD, MABLETHORPE, LN12 1EP - £249,950

FRANJO is a very small detached house of 55m², built sometime between 1991 and 1995. It was last sold for £249,950 in June 2022, which was around 9% below the average June 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

FRANJO Sold Prices

Land registry data shows three sales for FRANJO 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 FRANJO 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
2022 24 JUN	£249,950	£273,883	9% below HPI
2019 20 FEB	£169,000	£225,096	25% below HPI
2014 10 FEB	£110,000	£168,336	35% below HPI

FRANJO 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 FRANJO sales between February 2014 and June 2022 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 February 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is FRANJO?

FRANJO is 55m² according to the EPC inspection conducted in May 2015. 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 FRANJO lies on this distribution: 9% of detached houses are smaller than FRANJO, and 89% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

FRANJO: Plot and Title Map

FRANJO sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of FRANJO, 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 FRANJO). 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 FRANJO?

FRANJO is located on GOLF ROAD in MABLETHORPE, in the LN12 postcode district. The below map shows the position of FRANJO on GOLF ROAD.