16, PARKINSONS WAY, TRUSTHORPE, MABLETHORPE, LN12 2QR - £188,000

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

16 PARKINSONS WAY is a midsized detached house of 87m², built sometime between 1996 and 2002. It was last sold for £188,000 in January 2020, which was around 13% below the average January 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

16 PARKINSONS WAY Sold Prices

Land registry data shows three sales for 16 PARKINSONS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 16 PARKINSONS 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
2020 31 JAN	£188,000	£215,745	13% below HPI
2017 24 JAN	£155,000	£198,825	22% below HPI
1998 10 DEC	£60,000	£66,497	10% below HPI

16 PARKINSONS 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 three 16 PARKINSONS WAY sales between December 1998 and January 2020 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 January 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 16 PARKINSONS WAY?

16 PARKINSONS WAY is 87m² according to the EPC inspection conducted in September 2016. This puts it in the largest 50% of detached houses in Trusthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Trusthorpe, and where 16 PARKINSONS WAY lies on this distribution: 57% of detached houses are smaller than 16 PARKINSONS WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Trusthorpe.

16 PARKINSONS WAY: Plot and Title Map

16 PARKINSONS WAY sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 16 PARKINSONS 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 16 PARKINSONS 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 16 PARKINSONS WAY?

16 PARKINSONS WAY is located in TRUSTHORPE, in the LN12 postcode district. The below map shows the position of No. 16 on PARKINSONS WAY.