12, CHAPEL LANE, DUNSTON, LINCOLN, LN4 2ET - £115,000

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

12 CHAPEL LANE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £115,000 in February 2017, which was around 50% below the average February 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was F, and the potential energy rating was D.

12 CHAPEL LANE Sold Prices

Land registry data shows two sales for 12 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 12 CHAPEL LANE 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
2017 13 FEB	£115,000	£228,565	50% below HPI
2005 9 SEP	£185,000	£178,724	4% above HPI

12 CHAPEL LANE 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 two 12 CHAPEL LANE sales from September 2005 and February 2017 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 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2017 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 12 CHAPEL LANE?

12 CHAPEL LANE is 74m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Dunston, based on EPC data. The below chart shows the distribution of detached houses by size in Dunston, and where 12 CHAPEL LANE lies on this distribution: 5% of detached houses are smaller than 12 CHAPEL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Dunston.

12 CHAPEL LANE: Plot and Title Map

12 CHAPEL LANE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 12 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 12 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 12 CHAPEL LANE?

12 CHAPEL LANE is located in DUNSTON, in the LN4 postcode district. The below map shows the position of No. 12 on CHAPEL LANE.