10, PARK LANE, HEIGHINGTON, LINCOLN, LN4 1RF - £370,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 PARK LANE is a very large detached house of 161m², built sometime between 2003 and 2006. It was last sold for £370,000 in April 2019, which was around 47% above the average April 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2024, where the current energy rating was A, and the potential energy rating was A.

10 PARK LANE Sold Prices

Land registry data shows five sales for 10 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 Kesteven local authority area for the corresponding sale date. Most of the five 10 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
2019 25 APR	£370,000	£251,154	47% above HPI
2011 4 MAY	£215,000	£177,723	21% above HPI
2002 18 NOV	£178,000	£122,156	46% above HPI
2000 18 FEB	£124,250	£73,433	69% above HPI
1997 29 OCT	£60,000	£65,765	9% below HPI

10 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 five 10 PARK LANE sales between October 1997 and April 2019 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 May 2011 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2019 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 10 PARK LANE?

10 PARK LANE is 161m² according to the EPC inspection conducted in January 2024. This puts it in the largest 20% of detached houses in Heighington, based on EPC data. The below chart shows the distribution of detached houses by size in Heighington, and where 10 PARK LANE lies on this distribution: 84% of detached houses are smaller than 10 PARK LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Heighington.

10 PARK LANE: Plot and Title Map

10 PARK LANE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 10 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 10 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 10 PARK LANE?

10 PARK LANE is located in HEIGHINGTON, in the LN4 postcode district. The below map shows the position of No. 10 on PARK LANE.