2 Faldos Way, Mablethorpe, LN12 1NF is a freehold detached property built between 2003-2006. The property offers approximately 1,109 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £285,944 , which equates to approximately £258 per square foot. It was last sold on 23 Aug 2024 for £273,000. Since then, the value has increased by £12,944, representing a 4.7% increase, or approximately 3.6% per year.

The current estimated value of £285,944 is:

  • 30.0% higher than the average property price on Faldos Way
  • 27.2% higher than the average in the LN12 1NF postcode area
  • and 56.7% higher than the average price for Mablethorpe as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 22 April 2024, the property was recorded as owner-occupied.

View sold house prices in LN12 1NF

Building approximate location

About Property

Type
Detached Bungalow
Built
2003-2006
Interior Size
1109 sq ft
Tenure
Freehold
Price (estimate)
£285,944
Price Per sq ft (estimate)
£258
Bedroom Count (estimate)
4 bedrooms

EPC Summary

2 Faldos Way, Mablethorpe, East Lindsey, Lincolnshire, LN12 1NF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Apr 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Mar 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 8.8%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to average.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 250 mm loft insulation, changing energy efficiency from very good to good.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LN12 1NF

2 nd / 51
Price Rank
27% higher than average
1 st / 37
Size Rank
48% bigger than average
22 nd / 37
Price Per Sq FT Rank
14% lower than average

Compared to other properties in LN12 1NF , this bungalow's estimated value ranks 2nd out of 51. Based on price per square foot, it ranks 22th out of 37 properties. In terms of size, this home ranks 1st out of 37 properties in its postcode area.

Sale History

Today
£285,944
streetscan.co.uk estimate
+5 %
23 Aug 2024
£273,000
Leasehold
+107.2 %
31 Oct 2002
£131,750
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 980 sq ft
sale price: £160,000
sale date: 17 Mar 2017
rooms: 4
size: 1012 sq ft
sale price: £189,950
sale date: 22 Feb 2016
rooms: 4
size: 992 sq ft
sale price: £152,500
sale date: 15 Dec 2011

Data Sources

The property at 2 Faldos Way, Mablethorpe, LN12 1NF appears two times in the Land Registry records, with the latest transaction recorded on 23 Aug 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Apr 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.