14, PARK LANE, LINCOLN, LN5 8NY - £135,000

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.

14 PARK LANE is a very small semi-detached house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £140,144. It was last sold for £135,000 in April 2022, which was around 31% below the average April 2022 semi-detached price in the Lincoln local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

14 PARK LANE Sold Prices

Land registry data shows two sales for 14 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 14 PARK LANE 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
2022 8 APR	£135,000	£195,030	31% below HPI
2005 16 JUN	£103,000	£115,863	11% below HPI

14 PARK LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 14 PARK LANE sales from June 2005 and April 2022 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 June 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 14 PARK LANE be worth now?

14 PARK LANE might now be worth an estimated £140,144.

This is based on house price inflation of 3.8%, between April 2022 and March 2025, for semi-detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% inflationary increase is applied to the most recent sale price for 14 PARK LANE of £135,000 on 8th April 2022. For the value to have increased from £135,000 to £140,144 over the three years and one month to March 2025, the following assumptions must hold true:

• The value of 14 PARK LANE has moved in line with the HPI for semi-detached houses in the Lincoln local authority area.
• The April 2022 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PARK LANE has not materially changed since April 2022.

How Large is 14 PARK LANE?

14 PARK LANE is 60m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of semi-detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lincoln, and where 14 PARK LANE lies on this distribution: 6% of semi-detached houses houses are smaller than 14 PARK LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

14 PARK LANE: Plot and Title Map

14 PARK LANE sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 14 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 14 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 14 PARK LANE?

14 PARK LANE is located in LINCOLN, in the LN5 postcode district. The below map shows the position of No. 14 on PARK LANE.