2, READ WAY, CONINGSBY, LINCOLN, LN4 4JX - £173,000

2 READ WAY is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £173,000 in November 2021, which was around 34% below the average November 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

2 READ WAY Sold Prices

Land registry data shows two sales for 2 READ WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 2 READ WAY 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
2021 10 NOV	£173,000	£262,832	34% below HPI
2011 3 MAY	£135,000	£165,374	18% below HPI

2 READ 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 two 2 READ WAY sales from May 2011 and November 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 May 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 READ WAY?

2 READ WAY is 73m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Coningsby, based on EPC data. The below chart shows the distribution of detached houses by size in Coningsby, and where 2 READ WAY lies on this distribution: 17% of detached houses are smaller than 2 READ WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Coningsby.

2 READ WAY: Plot and Title Map

2 READ WAY sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 READ 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 2 READ 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 2 READ WAY?

2 READ WAY is located in CONINGSBY, in the LN4 postcode district. The below map shows the position of No. 2 on READ WAY.