20B, PARK LANE, CONINGSBY, LINCOLN, LN4 4SW - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

20B PARK LANE is a large detached house of 114m², which could now be worth an estimated £255,225. It was last sold for £200,000 in April 2019, which was around 10% below the average April 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was B.

20B PARK LANE Sold Prices

Land registry data shows two sales for 20B PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 20B 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
2019 30 APR	£200,000	£223,248	10% below HPI
2017 27 OCT	£200,000	£212,307	6% below HPI

20B PARK LANE 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 two 20B PARK LANE sales from October 2017 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 October 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 20B PARK LANE be worth now?

20B PARK LANE might now be worth an estimated £255,225.

This is based on house price inflation of 27.6%, between April 2019 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.6% inflationary increase is applied to the most recent sale price for 20B PARK LANE of £200,000 on 30th April 2019. For the value to have increased from £200,000 to £255,225 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of 20B PARK LANE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The April 2019 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 20B PARK LANE has not materially changed since April 2019.

How Large is 20B PARK LANE?

20B PARK LANE is 114m² according to the EPC inspection conducted in October 2017. This puts it in the largest 40% of detached houses houses in Coningsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coningsby, and where 20B PARK LANE lies on this distribution: 67% of detached houses houses are smaller than 20B PARK LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Coningsby.

20B PARK LANE: Plot and Title Map

20B PARK LANE sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 20B 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 20B 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 20B PARK LANE?

20B PARK LANE is located in CONINGSBY, in the LN4 postcode district. The below map shows the position of No. 20B on PARK LANE.