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
15 CHAPEL LANE is a midsized extended detached house of 127m², built sometime before 1900. It was last sold for £270,000 in June 2020, which was around 7% above the average June 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was A.
Land registry data shows two sales for 15 CHAPEL LANE since 1st 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 15 CHAPEL LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2020 5 JUN | £270,000 | £253,301 | 7% above HPI |
1996 18 OCT | £50,000 | £63,162 | 21% below HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 15 CHAPEL LANE sales from October 1996 and June 2020 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 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
15 CHAPEL LANE is 127m², which includes three extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses in Little Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Little Hale, and where 15 CHAPEL LANE lies on this distribution: 48% of detached houses are smaller than 15 CHAPEL LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Little Hale.
15 CHAPEL LANE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 15 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 15 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.
15 CHAPEL LANE is located in LITTLE HALE, in the NG34 postcode district. The below map shows the position of No. 15 on CHAPEL LANE.