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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
LN12 1LYHouse Prices / East Midlands, East Lindsey, Ivel Grove
Last updated May 2026
Key Postcode Insights
LN12 1LY is a residential postcode situated on Ivel Grove, Mablethorpe, LN12 with 32 addresses.
It ranks as the 1620th largest and 500th most expensive of the 1,818 postcodes in the LN12 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 32 properties: 32 houses.
32
Properties
- Houses
Key Postcode Insights
LN12 1LY is a residential postcode situated on Ivel Grove, Mablethorpe, LN12 with 32 addresses.
It ranks as the 1620th largest and 500th most expensive of the 1,818 postcodes in the LN12 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 32 properties: 32 houses.
32
Properties
- Houses
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House Pricesin LN12 1LY
Sale prices range from £160,658 for 2 bedroom freehold houses with a garden (570 ft2) to £236,304 for 3 bedroom freehold houses with a garden (1,087 ft2) .
Monthly rental prices range from £764 pcm for 2 bed houses to £1,056 pcm for 3 bed houses.
The gross rental yield is between 5.4% and 5.7%.
The average value per square foot is £276.
Average Sale Value
£181,042
Average Rental Value
£852 pcm
Average Rental Yield
5.6% /year
Average Value Per Sqft
£276 /ft2
Sales Market Trendsin LN12 1LY
The last sale in LN12 1LY sold for £160,000 on 2nd November 2021. Since then prices are up an average of 5.7%.
The current average value in the postcode is £181,042.
The LN12 1LY Sales Market has increased by 43.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £181,042 |
| April 2025 | 0.4% | £185,458 |
| April 2024 | -2.5% | £184,634 |
| April 2023 | 2.2% | £189,284 |
| April 2022 | 16.7% | £185,153 |
| April 2021 | 8.6% | £158,602 |
| April 2020 | 0.3% | £146,109 |
| April 2019 | 4.8% | £145,666 |
| April 2018 | 4.5% | £139,013 |
| April 2017 | 5.6% | £132,995 |
| April 2016 | 4.5% | £125,963 |
| April 2015 | 4.7% | £120,593 |
| April 2014 | 3.7% | £115,168 |
| April 2013 | -1.1% | £111,048 |
| April 2012 | -0.7% | £112,232 |
| April 2011 | -3.5% | £113,010 |
| April 2010 | 1.5% | £117,059 |
| April 2009 | -8% | £115,369 |
| April 2008 | -2.6% | £125,416 |
| April 2007 | 0% | £128,822 |
Rental Market Trendsin LN12 1LY
The current average rental value in the postcode is £852.
The LN12 1LY Rental Market has increased by 45.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £852pcm |
| April 2025 | 4.2% | £818pcm |
| April 2024 | 6% | £785pcm |
| April 2023 | 6.2% | £741pcm |
| April 2022 | 9.4% | £697pcm |
| April 2021 | 2.6% | £637pcm |
| April 2020 | 2.1% | £621pcm |
| April 2019 | 0.6% | £608pcm |
| April 2018 | 1.7% | £604pcm |
| April 2017 | 1.8% | £595pcm |
| April 2016 | 2.8% | £584pcm |
| April 2015 | 0.2% | £568pcm |
| April 2014 | 4.1% | £567pcm |
| April 2013 | -0.7% | £545pcm |
| April 2012 | 0% | £548pcm |
| April 2011 | 1.6% | £548pcm |
| April 2010 | 2.1% | £539pcm |
| April 2009 | -1.2% | £528pcm |
| April 2008 | -8.3% | £535pcm |
| April 2007 | 0% | £583pcm |
Explore Propertiesin LN12 1LY, Ivel Grove, Mablethorpe, LN12
- 1, Ivel Grove, Mablethorpe, LN12 1LY2 bed mid-century house
- 3, Ivel Grove, Mablethorpe, LN12 1LY3 bed house
- 4, Ivel Grove, Mablethorpe, LN12 1LY
- 5, Ivel Grove, Mablethorpe, LN12 1LY
- 6, Ivel Grove, Mablethorpe, LN12 1LY
- 7, Ivel Grove, Mablethorpe, LN12 1LY3 bed modern house
- 8, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 9, Ivel Grove, Mablethorpe, LN12 1LY3 bed modern house
- 10, Ivel Grove, Mablethorpe, LN12 1LY2 bed mid-century house
- 11, Ivel Grove, Mablethorpe, LN12 1LY3 bed modern house
- 12, Ivel Grove, Mablethorpe, LN12 1LY3 bed house
- 13, Ivel Grove, Mablethorpe, LN12 1LY3 bed modern house
- 15, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 16, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 17, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 18, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 19, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 20, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 21, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 22, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 24, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 26, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 28, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 30, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 32, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 34, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 36, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 38, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 40, Ivel Grove, Mablethorpe, LN12 1LY3 bed modern house
- 42, Ivel Grove, Mablethorpe, LN12 1LY3 bed modern house
- 44, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
- 46, Ivel Grove, Mablethorpe, LN12 1LY2 bed modern house
Sales Historyin LN12 1LY
The last sale was on 2nd November 2021 for £160,000 and since then the market in the area has increased by 5.7%. The postcode has had a total of 16 sales since 1995.
LN12 1LY has seen no sales in the last three years and no sales in the last twelve months.
Sold Nov 2021£160,000 | 2 Bed HouseIvel Grove8, Ivel Grove, Mablethorpe, LN12 1LY
Sold Dec 2018£122,500 | 2 Bed HouseIvel Grove10, Ivel Grove, Mablethorpe, LN12 1LY
Sold Jan 2017£112,000 | 2 Bed HouseIvel Grove8, Ivel Grove, Mablethorpe, LN12 1LY
Sold Oct 2012£111,000 | 3 Bed HouseIvel Grove12, Ivel Grove, Mablethorpe, LN12 1LY
Sold Nov 2010£138,750 | 3 Bed HouseIvel Grove3, Ivel Grove, Mablethorpe, LN12 1LY
Sold Apr 2009£103,000 | 2 Bed HouseIvel Grove8, Ivel Grove, Mablethorpe, LN12 1LY
Sold Oct 2005£107,000 | 3 Bed HouseIvel Grove4, Ivel Grove, Mablethorpe, LN12 1LY
Sold Feb 2002£59,500 | 3 Bed HouseIvel Grove4, Ivel Grove, Mablethorpe, LN12 1LY
Sold Nov 2001£48,000 | 3 Bed HouseIvel Grove3, Ivel Grove, Mablethorpe, LN12 1LY
Sold Nov 2000£49,000 | 3 Bed HouseIvel Grove4, Ivel Grove, Mablethorpe, LN12 1LY
Sold Apr 2000£47,000 | 3 Bed HouseIvel Grove4, Ivel Grove, Mablethorpe, LN12 1LY
Sold Aug 1999£43,500 | 2 Bed HouseIvel Grove1, Ivel Grove, Mablethorpe, LN12 1LY
Sold Jul 1999£49,950 | 3 Bed HouseIvel Grove5, Ivel Grove, Mablethorpe, LN12 1LY
Sold Feb 1999£48,995 | 3 Bed HouseIvel Grove12, Ivel Grove, Mablethorpe, LN12 1LY
Sold Jan 1997£32,000 | 2 Bed HouseIvel Grove10, Ivel Grove, Mablethorpe, LN12 1LY
Sold May 1995£35,000 | 2 Bed HouseIvel Grove8, Ivel Grove, Mablethorpe, LN12 1LY
Nearby Postcodesto LN12 1LY
LN12 1LY is the 1620th largest and the 500th most expensive postcode out of the 1,818 postcodes in the LN12 area.
- 50 mLN12 1RB, Whitehead Close, Mablethorpe, LN12LN12 1RB16 Addresses
- 71 mLN12 1QT, Lindum Terrace, Mablethorpe, LN12LN12 1QT8 Addresses
- 71 mLN12 1QW, Cambridge Road South, Mablethorpe, LN12LN12 1QW5 Addresses
- 94 mLN12 1NA, Ivel Close, Mablethorpe, LN12LN12 1NA14 Addresses
- 102 mLN12 1QY, Links Close, Mablethorpe, LN12LN12 1QY2 Addresses
- 120 mLN12 1QL, Links Avenue, Mablethorpe, LN12LN12 1QL25 Addresses
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Property Typesin LN12 1LY
- 25 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 3 other addresses of unknown type
- modern house (25)
- mid-century house (2)
- house (2)
- Unknown (3)
Energy Efficiencyof properties in LN12 1LY
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (18)
- G (0)
- D (9)
- No EPC (5)
Schools Nearbyto LN12 1LY
The nearest primary school to LN12 1LY is Mablethorpe Primary Academy which is 1.3 kilometres away.
- 1.3kmMablethorpe Primary Academy
- 3.2kmTheddlethorpe Academy
- 5.1kmSutton-on-Sea Community Primary School
The nearest secondary school is John Spendluffe Foundation Technology College which is 11.3 kilometres away.
- 11.3kmJohn Spendluffe Foundation Technology College
- 11.7kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 13.3kmSomercotes Academy
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Public Transport Nearbyto LN12 1LY
The closest station to LN12 1LY is Skegness station which is 23.7 kilometres away.
- 23.7kmSkegness
- 25.6kmThorpe Culvert
- 26.3kmHavenhouse
- 27.3kmWainfleet
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