7, THE PARK, POTTERHANWORTH, LINCOLN, LN4 2EB - £175,000

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 small detached house of 108m², built sometime between 1983 and 1990. It was last sold for £175,000 in October 2014, which was around 14% below the average October 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

7 THE PARK Sold Prices

Land registry data shows three sales for 7 THE PARK 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. All of the three 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
2014 31 OCT	£175,000	£204,340	14% below HPI
2009 29 SEP	£175,000	£177,635	1% below HPI
2006 20 DEC	£182,000	£188,412	3% below HPI

7 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 three 7 THE PARK sales between December 2006 and October 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 September 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 THE PARK?

7 THE PARK is 108m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 30% of detached houses in Potterhanworth, based on EPC data. The below chart shows the distribution of detached houses by size in Potterhanworth, and where 7 THE PARK lies on this distribution: 23% of detached houses are smaller than 7 THE PARK, and 76% of houses are larger. Note that EPC data is not available for all properties in Potterhanworth.

7 THE PARK: Plot and Title Map

7 THE PARK sits on a plot of roughly 0.089 of an acre, or 361m². 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 POTTERHANWORTH, in the LN4 postcode district. The below map shows the position of No. 7 on THE PARK.