7, PARKINSONS WAY, TRUSTHORPE, MABLETHORPE, LN12 2QR - £245,000

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.

7 PARKINSONS WAY is a midsized extended detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £225,322. It was last sold for £245,000 in September 2023, which was around 14% below the average September 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

7 PARKINSONS WAY Sold Prices

Land registry data shows three sales for 7 PARKINSONS WAY 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 7 PARKINSONS 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
2023 15 SEP	£245,000	£286,196	14% below HPI
2017 20 APR	£159,950	£206,656	23% below HPI
2012 3 OCT	£107,000	£162,939	34% below HPI

7 PARKINSONS 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 three 7 PARKINSONS WAY sales between October 2012 and September 2023 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 April 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 PARKINSONS WAY be worth now?

7 PARKINSONS WAY might now be worth an estimated £225,322.

This is based on house price deflation of 8%, between September 2023 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 8% deflationary decrease is applied to the most recent sale price for 7 PARKINSONS WAY of £245,000 on 15th September 2023. For the value to have decreased from £245,000 to £225,322 over the two years and three months to June 2025, the following assumptions must hold true:

• The value of 7 PARKINSONS WAY has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2023 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PARKINSONS WAY has not materially changed since September 2023.

How Large is 7 PARKINSONS WAY?

7 PARKINSONS WAY is 84m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the largest 50% of detached houses houses in Trusthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trusthorpe, and where 7 PARKINSONS WAY lies on this distribution: 50% of detached houses houses are smaller than 7 PARKINSONS WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Trusthorpe.

7 PARKINSONS WAY: Plot and Title Map

7 PARKINSONS WAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 7 PARKINSONS 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 7 PARKINSONS 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 7 PARKINSONS WAY?

7 PARKINSONS WAY is located in TRUSTHORPE, in the LN12 postcode district. The below map shows the position of No. 7 on PARKINSONS WAY.