15, CHAPEL LANE, NORTH HYKEHAM, LINCOLN, LN6 9QZ - £187,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 CHAPEL LANE is a midsized detached house of 100m², built sometime between 1976 and 1982. It was last sold for £187,000 in August 2018, which was around 26% below the average August 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

15 CHAPEL LANE Sold Prices

Land registry data shows two sales for 15 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. Both of the two 15 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
2018 17 AUG	£187,000	£253,242	26% below HPI
2013 2 DEC	£165,500	£185,763	11% below HPI

15 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 15 CHAPEL LANE sales from December 2013 and August 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 December 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 15 CHAPEL LANE?

15 CHAPEL LANE is 100m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% 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 15 CHAPEL LANE lies on this distribution: 45% 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 North Hykeham.

15 CHAPEL LANE: Plot and Title Map

15 CHAPEL LANE sits on a plot of roughly 0.123 of an acre, or 497m². 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.

Where is 15 CHAPEL LANE?

15 CHAPEL LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 15 on CHAPEL LANE.