54, PARK LANE, CONINGSBY, LINCOLN, LN4 4SL - £37,000

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.

54 PARK LANE is a very small detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £154,035. It was last sold for £37,000 in October 1999, which was around 46% below the average October 1999 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

54 PARK LANE Sold Prices

Land registry data shows two sales for 54 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 East Lindsey local authority area for the corresponding sale date. Both of the two 54 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
1999 15 OCT	£37,000	£68,759	46% below HPI
1997 14 MAY	£15,000	£60,282	75% below HPI

54 PARK LANE 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 two 54 PARK LANE sales from May 1997 and October 1999 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 May 1997 sale was for 75% below the HPI. So the extrapolation line tracks at 75% below the HPI over time, until the October 1999 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 54 PARK LANE be worth now?

54 PARK LANE might now be worth an estimated £154,035.

This is based on house price inflation of 316.3%, between October 1999 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 316.3% inflationary increase is applied to the most recent sale price for 54 PARK LANE of £37,000 on 15th October 1999. For the value to have increased from £37,000 to £154,035 over the 26 years and eight months to February 2025, the following assumptions must hold true:

• The value of 54 PARK LANE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 1999 sale price of £37,000 represented a fair market value for the property.
• The size, condition, and specification of 54 PARK LANE has not materially changed since October 1999.

How Large is 54 PARK LANE?

54 PARK LANE is 68m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 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 54 PARK LANE lies on this distribution: 11% of detached houses houses are smaller than 54 PARK LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Coningsby.

54 PARK LANE: Plot and Title Map

54 PARK LANE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 54 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 54 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 54 PARK LANE?

54 PARK LANE is located in CONINGSBY, in the LN4 postcode district. The below map shows the position of No. 54 on PARK LANE.