8, PARK LANE, CONINGSBY, LINCOLN, LN4 4SW - £215,000

8 PARK LANE is a very large extended detached house of 134m², built sometime between 1983 and 1990. It was last sold for £215,000 in May 2017, which was around 7% above the average May 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

8 PARK LANE Sold Prices

Land registry data shows two sales for 8 PARK LANE 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. One of the two 8 PARK LANE sales was for above the average price, whilst the other 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
2017 12 MAY	£215,000	£200,860	7% above HPI
2015 26 NOV	£159,000	£188,088	15% below HPI

8 PARK LANE 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 8 PARK LANE sales from November 2015 and May 2017 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 November 2015 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2017 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 8 PARK LANE?

8 PARK LANE is 134m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the largest 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 8 PARK LANE lies on this distribution: 86% of detached houses are smaller than 8 PARK LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Coningsby.

8 PARK LANE: Plot and Title Map

8 PARK LANE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 8 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 8 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 8 PARK LANE?

8 PARK LANE is located in CONINGSBY, in the LN4 postcode district. The below map shows the position of No. 8 on PARK LANE.