5, THE PARK, POTTERHANWORTH, LINCOLN, LN4 2EB - £203,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 THE PARK is a small extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £203,000 in May 2014, which was around 4% above the average May 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

5 THE PARK Sold Prices

Land registry data shows four sales for 5 THE PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 5 THE PARK 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
2014 6 MAY	£203,000	£194,858	4% above HPI
2003 6 NOV	£181,000	£149,843	21% above HPI
2002 18 JUN	£127,000	£105,024	21% above HPI
1998 28 AUG	£87,000	£66,883	30% above HPI

5 THE PARK 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 four 5 THE PARK sales between August 1998 and May 2014 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 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2014 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 5 THE PARK?

5 THE PARK is 120m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Potterhanworth, based on EPC data. The below chart shows the distribution of detached houses by size in Potterhanworth, and where 5 THE PARK lies on this distribution: 33% of detached houses are smaller than 5 THE PARK, and 65% of houses are larger. Note that EPC data is not available for all properties in Potterhanworth.

5 THE PARK: Plot and Title Map

5 THE PARK sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 5 THE PARK, 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 5 THE PARK). 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 5 THE PARK?

5 THE PARK is located in POTTERHANWORTH, in the LN4 postcode district. The below map shows the position of No. 5 on THE PARK.