2, PAYNELL, DUNHOLME, LINCOLN, LN2 3SW - £185,000

2 PAYNELL is a very small detached house of 60m², built sometime between 1976 and 1982. It was last sold for £185,000 in July 2019, which was around 13% below the average July 2019 detached price in the West Lindsey local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

2 PAYNELL Sold Prices

Land registry data shows two sales for 2 PAYNELL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 2 PAYNELL sales were 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
2019 5 JUL	£185,000	£213,595	13% below HPI
2010 18 FEB	£129,950	£179,383	28% below HPI

2 PAYNELL Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 2 PAYNELL sales from February 2010 and July 2019 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 February 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 PAYNELL?

2 PAYNELL is 60m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses in Dunholme, based on EPC data. The below chart shows the distribution of detached houses by size in Dunholme, and where 2 PAYNELL lies on this distribution: Less than 1% of detached houses are smaller than 2 PAYNELL, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Dunholme.

2 PAYNELL: Plot and Title Map

2 PAYNELL sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 2 PAYNELL, 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 2 PAYNELL). 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 2 PAYNELL?

2 PAYNELL is located in DUNHOLME, in the LN2 postcode district. The below map shows the position of No. 2 on PAYNELL.