PENNY ACRES, WILLOW LANE, DUNSTON, LINCOLN, LN4 2EP - £450,000

PENNY ACRES is a midsized extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £450,000 in November 2023, which was around 46% above the average November 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

PENNY ACRES Sold Prices

Land registry data shows two sales for PENNY ACRES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two PENNY ACRES sales were for above 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 3 NOV	£450,000	£307,741	46% above HPI
2009 12 AUG	£227,000	£174,272	30% above HPI

PENNY ACRES 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 two PENNY ACRES sales from August 2009 and November 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 August 2009 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2023 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is PENNY ACRES?

PENNY ACRES is 135m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 50% of detached houses in Dunston, based on EPC data. The below chart shows the distribution of detached houses by size in Dunston, and where PENNY ACRES lies on this distribution: 54% of detached houses are smaller than PENNY ACRES, and 46% of houses are larger. Note that EPC data is not available for all properties in Dunston.

PENNY ACRES: Plot and Title Map

PENNY ACRES sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of PENNY ACRES, 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 PENNY ACRES). 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 PENNY ACRES?

PENNY ACRES is located on WILLOW LANE in DUNSTON, in the LN4 postcode district. The below map shows the position of PENNY ACRES on WILLOW LANE.