28, PARK LANE, WASHINGBOROUGH, LINCOLN, LN4 1DF - £110,000

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.

28 PARK LANE is a small detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £186,536. It was last sold for £110,000 in March 2011, which was around 38% below the average March 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

28 PARK LANE Sold Prices

Land registry data shows two sales for 28 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 North Kesteven local authority area for the corresponding sale date. Both of the two 28 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
2011 10 MAR	£110,000	£178,531	38% below HPI
1997 4 SEP	£51,000	£65,062	22% below HPI

28 PARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 28 PARK LANE sales from September 1997 and March 2011 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 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2011 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 28 PARK LANE be worth now?

28 PARK LANE might now be worth an estimated £186,536.

This is based on house price inflation of 69.6%, between March 2011 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.6% inflationary increase is applied to the most recent sale price for 28 PARK LANE of £110,000 on 10th March 2011. For the value to have increased from £110,000 to £186,536 over the fourteen years and one month to February 2025, the following assumptions must hold true:

• The value of 28 PARK LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2011 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PARK LANE has not materially changed since March 2011.

How Large is 28 PARK LANE?

28 PARK LANE is 88m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washingborough, and where 28 PARK LANE lies on this distribution: 20% of detached houses houses are smaller than 28 PARK LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

28 PARK LANE: Plot and Title Map

28 PARK LANE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 28 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 28 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 28 PARK LANE?

28 PARK LANE is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 28 on PARK LANE.