15, READ WAY, CONINGSBY, LINCOLN, LN4 4JX - £235,000

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

15 READ WAY is a midsized extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £235,000 in August 2018, which was around 8% above the average August 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

15 READ WAY Sold Prices

Land registry data shows five sales for 15 READ WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the five 15 READ WAY 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
2018 3 AUG	£235,000	£218,460	8% above HPI
2008 14 NOV	£165,000	£170,004	3% below HPI
2005 3 JUN	£160,000	£168,664	5% below HPI
2001 5 FEB	£63,000	£76,870	18% below HPI
1995 17 MAY	£56,000	£54,972	2% above HPI

15 READ WAY 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 five 15 READ WAY sales between May 1995 and August 2018 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 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 15 READ WAY?

15 READ WAY is 101m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in Coningsby, based on EPC data. The below chart shows the distribution of detached houses by size in Coningsby, and where 15 READ WAY lies on this distribution: 53% of detached houses are smaller than 15 READ WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Coningsby.

15 READ WAY: Plot and Title Map

15 READ WAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 15 READ WAY, 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 15 READ WAY). 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 15 READ WAY?

15 READ WAY is located in CONINGSBY, in the LN4 postcode district. The below map shows the position of No. 15 on READ WAY.