4, LANCASTER DRIVE, CONINGSBY, LINCOLN, LN4 4TU - £220,000

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.

4 LANCASTER DRIVE is a midsized extended detached house of 103m², built sometime between 1930 and 1949, which could now be worth an estimated £232,295. It was last sold for £220,000 in September 2021, which was around 12% below the average September 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

4 LANCASTER DRIVE Sold Prices

Land registry data shows three sales for 4 LANCASTER DRIVE 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. All of the three 4 LANCASTER DRIVE 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 24 SEP	£220,000	£249,278	12% below HPI
2019 3 DEC	£190,000	£226,235	16% below HPI
2015 7 DEC	£146,000	£191,938	24% below HPI

4 LANCASTER DRIVE 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 4 LANCASTER DRIVE sales between December 2015 and September 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 December 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 LANCASTER DRIVE be worth now?

4 LANCASTER DRIVE might now be worth an estimated £232,295.

This is based on house price inflation of 5.6%, between September 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 5.6% inflationary increase is applied to the most recent sale price for 4 LANCASTER DRIVE of £220,000 on 24th September 2021. For the value to have increased from £220,000 to £232,295 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 4 LANCASTER DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LANCASTER DRIVE has not materially changed since September 2021.

How Large is 4 LANCASTER DRIVE?

4 LANCASTER DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses houses in Coningsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coningsby, and where 4 LANCASTER DRIVE lies on this distribution: 56% of detached houses houses are smaller than 4 LANCASTER DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Coningsby.

4 LANCASTER DRIVE: Plot and Title Map

4 LANCASTER DRIVE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 4 LANCASTER DRIVE, 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 4 LANCASTER DRIVE). 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 4 LANCASTER DRIVE?

4 LANCASTER DRIVE is located in CONINGSBY, in the LN4 postcode district. The below map shows the position of No. 4 on LANCASTER DRIVE.