16, CHAPEL LANE, NORTH HYKEHAM, LINCOLN, LN6 9QZ - £177,500

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

16 CHAPEL LANE is a small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £177,500 in September 2016, which was around 21% below the average September 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

16 CHAPEL LANE Sold Prices

Land registry data shows three sales for 16 CHAPEL LANE since 1^st 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 16 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
2016 29 SEP	£177,500	£224,152	21% below HPI
2012 24 FEB	£131,000	£174,068	25% below HPI
2011 7 JAN	£130,000	£187,246	31% below HPI

16 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 three 16 CHAPEL LANE sales between January 2011 and September 2016 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 February 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 16 CHAPEL LANE?

16 CHAPEL LANE is 82m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% 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 16 CHAPEL LANE lies on this distribution: 25% of detached houses are smaller than 16 CHAPEL LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

16 CHAPEL LANE: Plot and Title Map

16 CHAPEL LANE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 16 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 16 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 16 CHAPEL LANE?

16 CHAPEL LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 16 on CHAPEL LANE.