8, PARKINSONS WAY, TRUSTHORPE, MABLETHORPE, LN12 2QR - £163,000

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

8 PARKINSONS WAY is a midsized detached house of 88m², built sometime between 1991 and 1995. It was last sold for £163,000 in August 2016, which was around 14% below the average August 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

8 PARKINSONS WAY Sold Prices

Land registry data shows two sales for 8 PARKINSONS WAY 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. One of the two 8 PARKINSONS WAY sales was for below the average price, whilst the other 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
2016 30 AUG	£163,000	£189,466	14% below HPI
1997 1 AUG	£75,000	£61,297	22% above HPI

8 PARKINSONS WAY 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 8 PARKINSONS WAY sales from August 1997 and August 2016 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 1997 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 8 PARKINSONS WAY?

8 PARKINSONS WAY is 88m² according to the EPC inspection conducted in June 2016. This puts it in the largest 50% of detached houses in Trusthorpe, based on EPC data. The below chart shows the distribution of detached houses by size in Trusthorpe, and where 8 PARKINSONS WAY lies on this distribution: 57% of detached houses are smaller than 8 PARKINSONS WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Trusthorpe.

8 PARKINSONS WAY: Plot and Title Map

8 PARKINSONS WAY sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 8 PARKINSONS WAY, 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 8 PARKINSONS WAY). 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 8 PARKINSONS WAY?

8 PARKINSONS WAY is located in TRUSTHORPE, in the LN12 postcode district. The below map shows the position of No. 8 on PARKINSONS WAY.