7, THE PARK, CONINGSBY, LINCOLN, LN4 4SN - £191,000

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

7 THE PARK is a very small detached house of 65m², built sometime between 1991 and 1995. It was last sold for £191,000 in July 2023, which was around 31% below the average July 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

7 THE PARK Sold Prices

Land registry data shows two sales for 7 THE PARK 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 7 THE PARK 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
2023 11 JUL	£191,000	£275,032	31% below HPI
1996 18 NOV	£46,400	£57,427	19% below HPI

7 THE PARK 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 7 THE PARK sales from November 1996 and July 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 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 THE PARK?

7 THE PARK is 65m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Coningsby, based on EPC data. The below chart shows the distribution of detached houses by size in Coningsby, and where 7 THE PARK lies on this distribution: 8% of detached houses are smaller than 7 THE PARK, and 90% of houses are larger. Note that EPC data is not available for all properties in Coningsby.

7 THE PARK: Plot and Title Map

7 THE PARK sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 7 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 7 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 7 THE PARK?

7 THE PARK is located in CONINGSBY, in the LN4 postcode district. The below map shows the position of No. 7 on THE PARK.