GENEFAX, QUEBEC ROAD, MABLETHORPE, LN12 1LT - £131,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GENEFAX is a very small semi-detached house of 52m², built sometime between 1930 and 1949, which could now be worth an estimated £132,248. It was last sold for £131,000 in August 2022, which was around 29% below the average August 2022 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2013, where the current energy rating was F, and the potential energy rating was B.

GENEFAX Sold Prices

Land registry data shows three sales for GENEFAX since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. All of the three GENEFAX 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 12 AUG	£131,000	£185,418	29% below HPI
2006 6 NOV	£89,950	£120,364	25% below HPI
2003 8 DEC	£67,000	£94,405	29% below HPI

GENEFAX Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The three GENEFAX sales between December 2003 and August 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 November 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might GENEFAX be worth now?

GENEFAX might now be worth an estimated £132,248.

This is based on house price inflation of 1%, between August 2022 and August 2025, for semi-detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% inflationary increase is applied to the most recent sale price for GENEFAX of £131,000 on 12th August 2022. For the value to have increased from £131,000 to £132,248 over the three years to August 2025, the following assumptions must hold true:

• The value of GENEFAX has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The August 2022 sale price of £131,000 represented a fair market value for the property.
• The size, condition, and specification of GENEFAX has not materially changed since August 2022.

How Large is GENEFAX?

GENEFAX is 52m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of semi-detached houses houses in Mablethorpe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mablethorpe, and where GENEFAX lies on this distribution: 4% of semi-detached houses houses are smaller than GENEFAX, and 94% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

GENEFAX: Plot and Title Map

GENEFAX sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of GENEFAX, 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 GENEFAX). 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 GENEFAX?

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