25, PARK LANE, WASHINGBOROUGH, LINCOLN, LN4 1DE - £173,000

25 PARK LANE is a midsized extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £173,000 in August 2016, which was around 24% below the average August 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

25 PARK LANE Sold Prices

Land registry data shows three sales for 25 PARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 25 PARK LANE 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
2016 22 AUG	£173,000	£226,354	24% below HPI
2007 28 JUN	£157,500	£195,434	19% below HPI
1998 5 MAR	£56,500	£67,479	16% below HPI

25 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 25 PARK LANE sales between March 1998 and August 2016 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 June 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 25 PARK LANE?

25 PARK LANE is 96m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of detached houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Washingborough, and where 25 PARK LANE lies on this distribution: 41% of detached houses are smaller than 25 PARK LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

25 PARK LANE: Plot and Title Map

25 PARK LANE sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 25 PARK LANE, 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 25 PARK LANE). 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 25 PARK LANE?

25 PARK LANE is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 25 on PARK LANE.