12, CHAPEL LANE, MANBY, LOUTH, LN11 8HQ - £240,000

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.

12 CHAPEL LANE is a large extended detached house of 147m², built sometime before 1900, which could now be worth an estimated £304,048. It was last sold for £240,000 in September 2018, which was around 6% above the average September 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

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 East Lindsey local authority area for the corresponding sale date. Both of the two 12 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
2018 27 SEP	£240,000	£225,953	6% above HPI
2001 30 OCT	£108,000	£90,279	20% above HPI

12 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 two 12 CHAPEL LANE sales from October 2001 and September 2018 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 October 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the September 2018 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 12 CHAPEL LANE be worth now?

12 CHAPEL LANE might now be worth an estimated £304,048.

This is based on house price inflation of 26.7%, between September 2018 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 26.7% inflationary increase is applied to the most recent sale price for 12 CHAPEL LANE of £240,000 on 27th September 2018. For the value to have increased from £240,000 to £304,048 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 CHAPEL LANE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CHAPEL LANE has not materially changed since September 2018.

How Large is 12 CHAPEL LANE?

12 CHAPEL LANE is 147m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses houses in Manby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manby, and where 12 CHAPEL LANE lies on this distribution: 69% of detached houses houses are smaller than 12 CHAPEL LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Manby.

12 CHAPEL LANE: Plot and Title Map

12 CHAPEL LANE sits on a plot of roughly 0.203 of an acre, or 822m². 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 MANBY, in the LN11 postcode district. The below map shows the position of No. 12 on CHAPEL LANE.