OAKFIELD, GOLF ROAD, MABLETHORPE, LN12 1LP - £187,500

OAKFIELD is a very small extended detached house of 53m², built sometime between 1930 and 1949. It was last sold for £187,500 in February 2024, which was around 33% below the average February 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

OAKFIELD Sold Prices

Land registry data shows three sales for OAKFIELD 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 OAKFIELD 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
2024 7 FEB	£187,500	£281,212	33% below HPI
2010 30 SEP	£90,000	£168,183	46% below HPI
2009 23 APR	£66,000	£160,146	59% below HPI

OAKFIELD 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 OAKFIELD sales between April 2009 and February 2024 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 September 2010 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is OAKFIELD?

OAKFIELD is 53m², which includes one extension, according to the EPC inspection conducted in June 2019. 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 OAKFIELD lies on this distribution: 6% of detached houses are smaller than OAKFIELD, and 93% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

OAKFIELD: Plot and Title Map

OAKFIELD sits on a plot of roughly 0.143 of an acre, or 581m². The below map shows the location of OAKFIELD, 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 OAKFIELD). 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 OAKFIELD?

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