10, CHAPEL LANE, LEGBOURNE, LOUTH, LN11 8LW - £275,000

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.

10 CHAPEL LANE is a very small detached house of 92m², built sometime between 1991 and 1995, which could now be worth an estimated £274,574. It was last sold for £275,000 in November 2022, which was around 4% below the average November 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

10 CHAPEL LANE Sold Prices

Land registry data shows four sales for 10 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Most of the four 10 CHAPEL LANE 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
2022 25 NOV	£275,000	£286,696	4% below HPI
2019 8 MAR	£213,000	£230,292	8% below HPI
2014 28 AUG	£179,950	£177,344	1% above HPI
1995 16 OCT	£54,500	£55,172	1% below HPI

10 CHAPEL 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 four 10 CHAPEL LANE sales between October 1995 and November 2022 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 March 2019 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 10 CHAPEL LANE be worth now?

10 CHAPEL LANE might now be worth an estimated £274,574.

This is based on house price deflation of 0.2%, between November 2022 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 0.2% deflationary decrease is applied to the most recent sale price for 10 CHAPEL LANE of £275,000 on 25th November 2022. For the value to have decreased from £275,000 to £274,574 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 10 CHAPEL LANE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The November 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 10 CHAPEL LANE has not materially changed since November 2022.

How Large is 10 CHAPEL LANE?

10 CHAPEL LANE is 92m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses houses in Legbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Legbourne, and where 10 CHAPEL LANE lies on this distribution: 15% of detached houses houses are smaller than 10 CHAPEL LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Legbourne.

10 CHAPEL LANE: Plot and Title Map

10 CHAPEL LANE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 10 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 10 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 10 CHAPEL LANE?

10 CHAPEL LANE is located in LEGBOURNE, in the LN11 postcode district. The below map shows the position of No. 10 on CHAPEL LANE.