12, PARKINSONS WAY, TRUSTHORPE, MABLETHORPE, LN12 2QR - £265,000

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.

12 PARKINSONS WAY is a very large extended detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £292,201. It was last sold for £265,000 in May 2021, which was around 11% above the average May 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

12 PARKINSONS WAY Sold Prices

Land registry data shows three sales for 12 PARKINSONS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 12 PARKINSONS WAY sales were for above the average price, whilst one was 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
2021 18 MAY	£265,000	£238,707	11% above HPI
2007 28 SEP	£180,000	£194,055	7% below HPI
1997 1 AUG	£74,000	£62,190	19% above HPI

12 PARKINSONS WAY 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 three 12 PARKINSONS WAY sales between August 1997 and May 2021 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 September 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 12 PARKINSONS WAY be worth now?

12 PARKINSONS WAY might now be worth an estimated £292,201.

This is based on house price inflation of 10.3%, between May 2021 and June 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 10.3% inflationary increase is applied to the most recent sale price for 12 PARKINSONS WAY of £265,000 on 18th May 2021. For the value to have increased from £265,000 to £292,201 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 12 PARKINSONS WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The May 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PARKINSONS WAY has not materially changed since May 2021.

How Large is 12 PARKINSONS WAY?

12 PARKINSONS WAY is 118m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses houses in Trusthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trusthorpe, and where 12 PARKINSONS WAY lies on this distribution: 92% of detached houses houses are smaller than 12 PARKINSONS WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Trusthorpe.

12 PARKINSONS WAY: Plot and Title Map

12 PARKINSONS WAY sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 12 PARKINSONS WAY, 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 12 PARKINSONS WAY). 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 12 PARKINSONS WAY?

12 PARKINSONS WAY is located in TRUSTHORPE, in the LN12 postcode district. The below map shows the position of No. 12 on PARKINSONS WAY.