3, PINGLE CLOSE, CONINGSBY, LINCOLN, LN4 4JZ - £270,000

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.

3 PINGLE CLOSE is a very large extended detached house of 127m², built sometime between 1983 and 1990, which could now be worth an estimated £270,053. It was last sold for £270,000 in September 2023, which was around 6% below the average September 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

3 PINGLE CLOSE Sold Prices

Land registry data shows four sales for 3 PINGLE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. two of the four 3 PINGLE CLOSE sales were for below the average price, and four 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
2023 29 SEP	£270,000	£286,196	6% below HPI
2020 30 NOV	£224,000	£232,980	4% below HPI
1998 9 DEC	£68,000	£67,466	1% above HPI
1996 28 OCT	£59,750	£58,417	2% above HPI

3 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 four 3 PINGLE CLOSE sales between October 1996 and September 2023 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 2020 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 3 PINGLE CLOSE be worth now?

3 PINGLE CLOSE might now be worth an estimated £270,053.

This is based on house price inflation of 0%, between September 2023 and February 2025, 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 0% inflationary increase is applied to the most recent sale price for 3 PINGLE CLOSE of £270,000 on 29th September 2023. For the value to have increased from £270,000 to £270,053 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 PINGLE CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PINGLE CLOSE has not materially changed since September 2023.

How Large is 3 PINGLE CLOSE?

3 PINGLE CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 20% 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 3 PINGLE CLOSE lies on this distribution: 81% of detached houses houses are smaller than 3 PINGLE CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Coningsby.

3 PINGLE CLOSE: Plot and Title Map

3 PINGLE CLOSE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 3 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 3 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 3 PINGLE CLOSE?

3 PINGLE CLOSE is located in CONINGSBY, in the LN4 postcode district. The below map shows the position of No. 3 on PINGLE CLOSE.