17, CHAPEL LANE, FOLKINGHAM, SLEAFORD, NG34 0SL - £205,000

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

17 CHAPEL LANE is a very large detached house of 163m², built sometime between 2003 and 2006. It was last sold for £205,000 in July 2013, which was around 8% below the average July 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

17 CHAPEL LANE Sold Prices

Land registry data shows three sales for 17 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 South Kesteven local authority area for the corresponding sale date. Two of the three 17 CHAPEL LANE sales were for below the average price, whilst one was 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
2013 31 JUL	£205,000	£222,531	8% below HPI
2005 22 JUL	£217,700	£209,996	4% above HPI
2003 28 NOV	£75,000	£185,272	60% below HPI

17 CHAPEL LANE 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 three 17 CHAPEL LANE sales between November 2003 and July 2013 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 July 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2013 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 17 CHAPEL LANE?

17 CHAPEL LANE is 163m² according to the EPC inspection conducted in April 2012. This puts it in the largest 20% of detached houses in Folkingham, based on EPC data. The below chart shows the distribution of detached houses by size in Folkingham, and where 17 CHAPEL LANE lies on this distribution: 86% of detached houses are smaller than 17 CHAPEL LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Folkingham.

17 CHAPEL LANE: Plot and Title Map

17 CHAPEL LANE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 17 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 17 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 17 CHAPEL LANE?

17 CHAPEL LANE is located in FOLKINGHAM, in the NG34 postcode district. The below map shows the position of No. 17 on CHAPEL LANE.