2, PINGLE CLOSE, CONINGSBY, LINCOLN, LN4 4JZ - £223,000

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

2 PINGLE CLOSE is a large extended detached house of 117m², built sometime between 1991 and 1995. It was last sold for £223,000 in September 2020, which was about the average September 2020 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

2 PINGLE CLOSE Sold Prices

Land registry data shows three sales for 2 PINGLE CLOSE 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. The three 2 PINGLE CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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 11 SEP	£223,000	£222,611	Close to HPI
2009 11 SEP	£174,500	£165,486	5% above HPI
2006 3 APR	£164,000	£174,566	6% below HPI

2 PINGLE CLOSE 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 2 PINGLE CLOSE sales between April 2006 and September 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 September 2009 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 PINGLE CLOSE?

2 PINGLE CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses in Coningsby, based on EPC data. The below chart shows the distribution of detached houses by size in Coningsby, and where 2 PINGLE CLOSE lies on this distribution: 71% of detached houses are smaller than 2 PINGLE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Coningsby.

2 PINGLE CLOSE: Plot and Title Map

2 PINGLE CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 2 PINGLE CLOSE, 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 2 PINGLE CLOSE). 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 2 PINGLE CLOSE?

2 PINGLE CLOSE is located in CONINGSBY, in the LN4 postcode district. The below map shows the position of No. 2 on PINGLE CLOSE.