1, OLD CHAPEL LANE, LACEBY, GRIMSBY, DN37 7BQ - £245,000

1 OLD CHAPEL LANE is a very large extended detached house of 184m², built sometime between 1950 and 1966. It was last sold for £245,000 in August 2021, which was around 9% above the average August 2021 detached price in the North East Lincolnshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

1 OLD CHAPEL LANE Sold Prices

Land registry data shows six sales for 1 OLD CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North East Lincolnshire local authority area for the corresponding sale date. Most of the six 1 OLD CHAPEL LANE sales were 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
2021 19 AUG	£245,000	£223,860	9% above HPI
2018 22 JUN	£220,000	£189,731	16% above HPI
2009 2 OCT	£150,000	£168,989	11% below HPI
2006 6 JAN	£175,200	£157,019	12% above HPI
2003 10 OCT	£150,000	£119,931	25% above HPI
1996 17 JAN	£38,000	£61,813	39% below HPI

1 OLD CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Lincolnshire local authority area over time, sourced from the HPI. The six 1 OLD CHAPEL LANE sales between January 1996 and August 2021 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 June 2018 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 1 OLD CHAPEL LANE?

1 OLD CHAPEL LANE is 184m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses in Laceby, based on EPC data. The below chart shows the distribution of detached houses by size in Laceby, and where 1 OLD CHAPEL LANE lies on this distribution: 96% of detached houses are smaller than 1 OLD CHAPEL LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Laceby.

1 OLD CHAPEL LANE: Plot and Title Map

1 OLD CHAPEL LANE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 1 OLD CHAPEL 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 1 OLD CHAPEL 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 1 OLD CHAPEL LANE?

1 OLD CHAPEL LANE is located in LACEBY, in the DN37 postcode district. The below map shows the position of No. 1 on OLD CHAPEL LANE.