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 large extended detached house of 214m², built sometime between 1950 and 1966. It was last sold for £235,000 in March 2012, which was around 34% above the average March 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 12 CHAPEL LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 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 |
---|---|---|---|
2012 27 MAR | £235,000 | £175,684 | 34% above HPI |
2010 17 SEP | £249,999 | £186,905 | 34% above HPI |
1999 28 JUN | £98,000 | £70,048 | 40% above HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 12 CHAPEL LANE sales between June 1999 and March 2012 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 2010 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2012 sale, which was also at 34% above the HPI.
12 CHAPEL LANE is 214m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 10% of detached houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in North Hykeham, and where 12 CHAPEL LANE lies on this distribution: 98% of detached houses are smaller than 12 CHAPEL LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
12 CHAPEL LANE sits on a plot of roughly 0.252 of an acre, or 1,020m². 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.
12 CHAPEL LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 12 on CHAPEL LANE.