1, PARK LANE, CLEETHORPES, DN35 0PB - £380,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PARK LANE is a very large extended detached house of 225m², built sometime between 1996 and 2002. It was last sold for £380,000 in July 2016, which was around 111% above the average July 2016 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was C.

1 PARK LANE Sold Prices

Land registry data shows five sales for 1 PARK LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Most of the five 1 PARK LANE 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
2016 25 JUL	£380,000	£180,192	111% above HPI
2013 18 NOV	£340,000	£165,577	105% above HPI
2007 5 SEP	£395,000	£175,581	125% above HPI
2005 29 JUL	£340,000	£149,645	127% above HPI
1997 8 DEC	£60,000	£69,602	14% below HPI

1 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The five 1 PARK LANE sales between December 1997 and July 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 November 2013 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the July 2016 sale, where it rises to 111% above the HPI. The line then continues to track at 111% above the HPI.

How Large is 1 PARK LANE?

1 PARK LANE is 225m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% of detached houses in Humberston, based on EPC data. The below chart shows the distribution of detached houses by size in Humberston, and where 1 PARK LANE lies on this distribution: 98% of detached houses are smaller than 1 PARK LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Humberston.

1 PARK LANE: Plot and Title Map

1 PARK LANE sits on a plot of roughly 0.195 of an acre, or 791m². The below map shows the location of 1 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 1 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 1 PARK LANE?

1 PARK LANE is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 1 on PARK LANE.