29, PARK LANE, BILLINGHAY, LINCOLN, LN4 4EE - £184,950

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

29 PARK LANE is a large extended detached house of 127m², built sometime between 1930 and 1949. It was last sold for £184,950 in June 2016, which was around 17% below the average June 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

29 PARK LANE Sold Prices

Land registry data shows two sales for 29 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 29 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
2016 8 JUN	£184,950	£221,506	17% below HPI
1997 21 NOV	£42,000	£66,308	37% below HPI

29 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 29 PARK LANE sales from November 1997 and June 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 November 1997 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 29 PARK LANE?

29 PARK LANE is 127m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses in Billinghay, based on EPC data. The below chart shows the distribution of detached houses by size in Billinghay, and where 29 PARK LANE lies on this distribution: 71% of detached houses are smaller than 29 PARK LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Billinghay.

29 PARK LANE: Plot and Title Map

29 PARK LANE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 29 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 29 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 29 PARK LANE?

29 PARK LANE is located in BILLINGHAY, in the LN4 postcode district. The below map shows the position of No. 29 on PARK LANE.