23, The Fairway
23, The Fairway
Description & Estimates
23, The Fairway, Mablethorpe appears in the public record as a freehold house sitting on a 305 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 944 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 23, The Fairway, Mablethorpe is £214,417 and its rental estimate is £989 per month, given the available information and assuming reasonable condition.
The Fairway, Mablethorpe, LN12 falls within the LN12 postal district, in the borough of East Lindsey.
Our Data Sources
23, The Fairway, Mablethorpe has 31 entries in the Land Registry , most recently in July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 23, The Fairway, Mablethorpe, we estimate a market value of £225,138 and a rental value of £1,039 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £199,408 and £920 per month respectively.
Recent Market Change
Over the last year, 23, The Fairway, Mablethorpe has seen its estimated sale value drop by £7,286 (3.4%) and its estimated rental value rise by £30 per month (3.0%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 23, The Fairway, Mablethorpe as measuring 305 m2.
That makes it the 24th largest plot in the postcode, where 42 of the 50 other houses have recorded plot data.
Sold Prices
The most recent sale of 23, The Fairway, Mablethorpe completed on 11th July 2007 at £119,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 63.4% over the period since July 2007.
- Sold Jul 2007£119,950
- Sold Mar 2003£87,500
- Sold Nov 1998£39,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, The Fairway, Mablethorpe have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th September 2018, was 4, The Fairway, Mablethorpe, LN12 1LL, a freehold house which sold for £147,000.
Read more about house prices in LN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 50 addresses on The Fairway, Mablethorpe, LN12, 23, The Fairway, Mablethorpe comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £13k less expensive than the average property across the LN12 district.
More reading links
Schools Nearby
- 1.1kmMablethorpe Primary Academy
- 2.9kmTheddlethorpe Academy
- 5.0kmSutton-on-Sea Community Primary School
- 11.0kmJohn Spendluffe Foundation Technology College
- 11.3kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 13.2kmSomercotes Academy
More reading links
Public Transport Nearby
From 23, The Fairway, Mablethorpe, the nearest station is Skegness, 23.6 kilometres away.
- 23.6kmSkegness
- 25.4kmThorpe Culvert
- 26.1kmHavenhouse
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
