42, PARK LANE, HEIGHINGTON, LINCOLN, LN4 1RF - £383,500

42 PARK LANE is a very large extended detached house of 222m², built sometime between 1996 and 2002. It was last sold for £383,500 in April 2016, which was around 75% above the average April 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

42 PARK LANE Sold Prices

Land registry data shows three sales for 42 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. Two of the three 42 PARK LANE 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
2016 14 APR	£383,500	£218,920	75% above HPI
2012 15 JUN	£350,000	£181,952	92% above HPI
1996 16 AUG	£40,000	£62,821	36% below HPI

42 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 42 PARK LANE sales between August 1996 and April 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 2012 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the April 2016 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 42 PARK LANE?

42 PARK LANE is 222m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the largest 10% of detached houses in Heighington, based on EPC data. The below chart shows the distribution of detached houses by size in Heighington, and where 42 PARK LANE lies on this distribution: 94% of detached houses are smaller than 42 PARK LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Heighington.

42 PARK LANE: Plot and Title Map

42 PARK LANE sits on a plot of roughly 0.199 of an acre, or 804m². The below map shows the location of 42 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 42 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 42 PARK LANE?

42 PARK LANE is located in HEIGHINGTON, in the LN4 postcode district. The below map shows the position of No. 42 on PARK LANE.