34, PARK LANE, WASHINGBOROUGH, LINCOLN, LN4 1DF - £265,000

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.

34 PARK LANE is a very large extended detached house of 145m², built sometime between 1967 and 1975, which could now be worth an estimated £323,537. It was last sold for £265,000 in April 2019, which was around 7% above the average April 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

34 PARK LANE Sold Prices

Land registry data shows three sales for 34 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 Kesteven local authority area for the corresponding sale date. Two of the three 34 PARK LANE sales were for above the average price, whilst one was 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 5 APR	£265,000	£247,973	7% above HPI
2015 28 AUG	£192,000	£205,751	7% below HPI
2002 25 OCT	£134,000	£118,078	13% above HPI

34 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 three 34 PARK LANE sales between October 2002 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 August 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 34 PARK LANE be worth now?

34 PARK LANE might now be worth an estimated £323,537.

This is based on house price inflation of 22.1%, between April 2019 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 22.1% inflationary increase is applied to the most recent sale price for 34 PARK LANE of £265,000 on 5th April 2019. For the value to have increased from £265,000 to £323,537 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 34 PARK LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 34 PARK LANE has not materially changed since April 2019.

How Large is 34 PARK LANE?

34 PARK LANE is 145m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% 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 34 PARK LANE lies on this distribution: 85% of detached houses houses are smaller than 34 PARK LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

34 PARK LANE: Plot and Title Map

34 PARK LANE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 34 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 34 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 34 PARK LANE?

34 PARK LANE is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 34 on PARK LANE.