16, CHAPEL STREET, BILLINGBOROUGH, SLEAFORD, NG34 0QH - £250,000

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 STREET is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £250,000 in December 2017, which was around 13% below the average December 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

16 CHAPEL STREET Sold Prices

Land registry data shows four sales for 16 CHAPEL STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 16 CHAPEL STREET 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
2017 20 DEC	£250,000	£288,678	13% below HPI
2010 16 DEC	£170,000	£221,349	23% below HPI
2009 12 NOV	£167,500	£212,329	21% below HPI
2004 13 AUG	£153,000	£207,757	26% below HPI

16 CHAPEL STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 16 CHAPEL STREET sales between August 2004 and December 2017 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 2010 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 16 CHAPEL STREET?

16 CHAPEL STREET is 104m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses in Billingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Billingborough, and where 16 CHAPEL STREET lies on this distribution: 23% of detached houses are smaller than 16 CHAPEL STREET, and 76% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

16 CHAPEL STREET: Plot and Title Map

16 CHAPEL STREET sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 16 CHAPEL STREET, 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 STREET). 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 STREET?

16 CHAPEL STREET is located in BILLINGBOROUGH, in the NG34 postcode district. The below map shows the position of No. 16 on CHAPEL STREET.