22, PARK LANE, CLEETHORPES, DN35 0PB - £340,000

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.

22 PARK LANE is a very large extended detached house of 156m², built sometime between 1991 and 1995, which could now be worth an estimated £491,682. It was last sold for £340,000 in April 2016, which was around 95% above the average April 2016 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

22 PARK LANE Sold Prices

Land registry data shows three sales for 22 PARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. All of the three 22 PARK LANE sales were for above 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
2016 22 APR	£340,000	£174,667	95% above HPI
2009 31 JUL	£300,000	£162,561	85% above HPI
2005 24 NOV	£250,000	£150,003	67% above HPI

22 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The three 22 PARK LANE sales between November 2005 and April 2016 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 July 2009 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the April 2016 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might 22 PARK LANE be worth now?

22 PARK LANE might now be worth an estimated £491,682.

This is based on house price inflation of 44.6%, between April 2016 and February 2025, for detached houses, in the North East Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.6% inflationary increase is applied to the most recent sale price for 22 PARK LANE of £340,000 on 22nd April 2016. For the value to have increased from £340,000 to £491,682 over the nine years and two months to February 2025, the following assumptions must hold true:

• The value of 22 PARK LANE has moved in line with the HPI for detached houses in the North East Lincolnshire local authority area.
• The April 2016 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 22 PARK LANE has not materially changed since April 2016.

How Large is 22 PARK LANE?

22 PARK LANE is 156m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses houses in Humberston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Humberston, and where 22 PARK LANE lies on this distribution: 88% of detached houses houses are smaller than 22 PARK LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Humberston.

22 PARK LANE: Plot and Title Map

22 PARK LANE sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 22 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 22 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 22 PARK LANE?

22 PARK LANE is located in CLEETHORPES, in the DN35 postcode district. The below map shows the position of No. 22 on PARK LANE.