THORNHILL COTTAGE, QUEBEC ROAD, MABLETHORPE, LN12 1LU - £230,000

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.

THORNHILL COTTAGE is a large extended detached house of 93m², built sometime between 1900 and 1929, which could now be worth an estimated £226,900. It was last sold for £230,000 in August 2022, which was around 18% below the average August 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

THORNHILL COTTAGE Sold Prices

Land registry data shows four sales for THORNHILL COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four THORNHILL COTTAGE 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 26 AUG	£230,000	£279,704	18% below HPI
2013 8 APR	£110,000	£170,100	35% below HPI
2011 1 APR	£77,000	£163,759	53% below HPI
1997 15 SEP	£44,500	£63,452	30% below HPI

THORNHILL COTTAGE 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 four THORNHILL COTTAGE sales between September 1997 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 April 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might THORNHILL COTTAGE be worth now?

THORNHILL COTTAGE might now be worth an estimated £226,900.

This is based on house price deflation of 1.3%, between August 2022 and August 2025, for 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 1.3% deflationary decrease is applied to the most recent sale price for THORNHILL COTTAGE of £230,000 on 26th August 2022. For the value to have decreased from £230,000 to £226,900 over the three years to August 2025, the following assumptions must hold true:

• The value of THORNHILL COTTAGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of THORNHILL COTTAGE has not materially changed since August 2022.

How Large is THORNHILL COTTAGE?

THORNHILL COTTAGE is 93m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses houses in Mablethorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mablethorpe, and where THORNHILL COTTAGE lies on this distribution: 69% of detached houses houses are smaller than THORNHILL COTTAGE, and 30% of houses are larger. Note that EPC data is not available for all properties in Mablethorpe.

THORNHILL COTTAGE: Plot and Title Map

THORNHILL COTTAGE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of THORNHILL COTTAGE, 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 THORNHILL COTTAGE). 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 THORNHILL COTTAGE?

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