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House Prices in LN12 House Prices in LN12 (Mablethorpe)

The average house price in LN12 (Mablethorpe) is £187,500 using HM Land Registry data.

The average property price increased by £81,461 (21.58%) over the last 5 years and increased by £16,285 (3.36%) over the last 12 months.

Over the last year, there were 172 residential property sales – a decrease of 117 transactions (-68.02%) relative to the previous year. The majority of house sales (40) were in the £152,000 - £184,000 range. Then came properties in the £184,000 - £216,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 96 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,548 (-3%).

In June 2024, there were 56 new estate agency instructions, 28 agreed home sales and 57 property price reductions.

Nearby Postcodes: DN36, LN11, LN13, LN8, LN9, PE23, PE24

5-Year Average Property Prices in LN12 (Mablethorpe)

21.58%

Property prices in Mablethorpe increased by 21.58% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LN12 (Mablethorpe) Over the Last Year

3.36%

Property prices in Mablethorpe increased by 3.36% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for LN12 (Mablethorpe) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LN12 (Mablethorpe)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LN12 (Mablethorpe)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LN12 (Mablethorpe)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LN12 (Mablethorpe) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LN12 postcode area since 1995.

Recent Sales in LN12 (Mablethorpe)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
24 The Boulevard, Mablethorpe, Lincolnshire, LN12 2AD£315,000£300,000-£15,00026 Jan 202424 May 2024119 Days
4b, Kingsley Road, Mablethorpe, Lincolnshire, LN12 1DE£160,000£152,500-£7,50020 Nov 202307 May 2024169 Days
4 Keats Close, Sandilands, Mablethorpe, Lincolnshire, LN12 2UA£299,950£280,000-£19,95015 Jan 202423 Apr 202499 Days
23 Church Lane, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2JA£199,500£185,000-£14,50030 Sep 202319 Apr 2024202 Days
49 Aqua Drive, Mablethorpe, Lincolnshire, LN12 2YB£279,950£274,000-£5,95010 Aug 202309 Apr 2024243 Days
40 The Sidings, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2SJ£290,000£280,000-£10,00022 Sep 202308 Apr 2024199 Days
12 The Sidings, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2SJ£320,000£300,000-£20,00014 Sep 202305 Apr 2024204 Days
9 Barton Close, Trusthorpe, Mablethorpe, Lincolnshire, LN12 2UL£189,950£185,000-£4,95006 Jun 202303 Apr 2024302 Days
47 Brooke Drive, Mablethorpe, Lincolnshire, LN12 2DA£235,000£228,000-£7,00011 Dec 202327 Mar 2024107 Days
Mistral, Broadway, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2JN£370,000£360,000-£10,00004 May 202327 Mar 2024328 Days
Trelawne, Park Road, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2LW£475,000£425,000-£50,00026 Aug 202227 Mar 2024579 Days
25 Church Lane, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2JA£260,000£260,000£0013 Apr 202319 Mar 2024341 Days
16 Honeysuckle Close, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2ST£199,950£185,000-£14,95031 Jul 202319 Mar 2024232 Days
27 Jacklin Crescent, Mablethorpe, Lincolnshire, LN12 1JH£185,000£179,000-£6,00027 Nov 202315 Mar 2024109 Days
2 Rudyard Close, Sandilands, Mablethorpe, Lincolnshire, LN12 2RG£265,000£247,500-£17,50008 Nov 202314 Mar 2024127 Days
35 Crabtree Lane, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2RT£270,000£265,000-£5,00007 Oct 202313 Mar 2024158 Days
15 St Francis Gardens, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2QX£399,950£385,000-£14,95005 May 202307 Mar 2024307 Days
10 Shelley Close, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2HD£190,000£182,000-£8,00001 Nov 202304 Mar 2024124 Days
12 Ivel Close, Mablethorpe, Lincolnshire, LN12 1NA£235,000£215,000-£20,00003 Nov 202301 Mar 2024119 Days
20 Brooke Drive, Mablethorpe, Lincolnshire, LN12 2DA£200,000£185,000-£15,00029 May 202329 Feb 2024276 Days

Most Expensive Streets in LN12 (Mablethorpe)

PostcodeStreetAreaAverageNo. of Sales
LN12 2QXSt Francis Gardens, Sutton On SeaMablethorpe£387,8128
LN12 1NXRotten Row, TheddlethorpeMablethorpe£345,8333
LN12 2RHSandhurst Road, SandilandsMablethorpe£342,8333
LN12 2FBHenshaw Avenue, Sutton On SeaMablethorpe£333,83413
LN12 2LNTrusthorpe Road, Sutton On SeaMablethorpe£328,0005
LN12 1NRBrickyard Lane, TheddlethorpeMablethorpe£313,7504
LN12 2RASea Lane, SandilandsMablethorpe£309,3754
LN12 2SFMasefield Drive, SandilandsMablethorpe£299,4339
LN12 2TASharmans Close, Sutton On SeaMablethorpe£294,3333
LN12 2UUBluestone Way, Sutton On SeaMablethorpe£293,0577

Least Expensive Streets in LN12 (Mablethorpe)

PostcodeStreetAreaAverageNo. of Sales
LN12 1QNMablethorpe Caravan & Chalet Park, Links AvenueMablethorpe£33,8093
LN12 2EHBerkeley Court, Seacroft RoadMablethorpe£71,6663
LN12 1DRMaple Court, Stanley AvenueMablethorpe£79,5006
LN12 1LTQuebec RoadMablethorpe£88,8333
LN12 2HGVictoria Road, Sutton On SeaMablethorpe£94,7905
LN12 2APBarton CourtMablethorpe£95,35010
LN12 1RNAlexandra Court, Alexandra RoadMablethorpe£99,7504
LN12 2SZBrittain Court, Sutton On SeaMablethorpe£102,0003
LN12 2PASeaholme RoadMablethorpe£104,3805
LN12 1JPWaterloo RoadMablethorpe£112,2508

Explore LN12 (Mablethorpe) using map

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