71A, PARK LANE, CONINGSBY, LINCOLN, LN4 4SL - £165,000

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.

71A PARK LANE is a very large detached house of 135m², built sometime between 1983 and 1990, which could now be worth an estimated £278,651. It was last sold for £165,000 in June 2013, which was around 3% below the average June 2013 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

71A PARK LANE Sold Prices

Land registry data shows three sales for 71A 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 East Lindsey local authority area for the corresponding sale date. Two of the three 71A PARK LANE sales were for below the average price, whilst one was 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
2013 18 JUN	£165,000	£169,501	3% below HPI
2007 22 AUG	£198,000	£195,098	1% above HPI
1998 12 NOV	£56,200	£68,272	18% below HPI

71A 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 three 71A PARK LANE sales between November 1998 and June 2013 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 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2013 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 71A PARK LANE be worth now?

71A PARK LANE might now be worth an estimated £278,651.

This is based on house price inflation of 68.9%, between June 2013 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 68.9% inflationary increase is applied to the most recent sale price for 71A PARK LANE of £165,000 on 18th June 2013. For the value to have increased from £165,000 to £278,651 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of 71A PARK LANE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2013 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 71A PARK LANE has not materially changed since June 2013.

How Large is 71A PARK LANE?

71A PARK LANE is 135m² according to the EPC inspection conducted in February 2010. This puts it in the largest 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 71A PARK LANE lies on this distribution: 87% of detached houses houses are smaller than 71A PARK LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Coningsby.

71A PARK LANE: Plot and Title Map

71A PARK LANE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 71A 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 71A 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 71A PARK LANE?

71A PARK LANE is located in CONINGSBY, in the LN4 postcode district. The below map shows the position of No. 71A on PARK LANE.