17, CHAPEL LANE, NORTH HYKEHAM, LINCOLN, LN6 9QZ - £153,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 CHAPEL LANE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £258,582. It was last sold for £153,000 in April 2005, which was around 12% below the average April 2005 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

17 CHAPEL LANE Sold Prices

Land registry data shows two sales for 17 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 17 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
2005 1 APR	£153,000	£174,337	12% below HPI
2002 22 APR	£72,000	£98,015	27% below HPI

17 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 17 CHAPEL LANE sales from April 2002 and April 2005 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 April 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2005 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 17 CHAPEL LANE be worth now?

17 CHAPEL LANE might now be worth an estimated £258,582.

This is based on house price inflation of 69%, between April 2005 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69% inflationary increase is applied to the most recent sale price for 17 CHAPEL LANE of £153,000 on 1st April 2005. For the value to have increased from £153,000 to £258,582 over the eighteen years and four months to December 2024, the following assumptions must hold true:

• The value of 17 CHAPEL LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2005 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 17 CHAPEL LANE has not materially changed since April 2005.

How Large is 17 CHAPEL LANE?

17 CHAPEL LANE is 74m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hykeham, and where 17 CHAPEL LANE lies on this distribution: 14% of detached houses houses are smaller than 17 CHAPEL LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

17 CHAPEL LANE: Plot and Title Map

17 CHAPEL LANE sits on a plot of roughly 0.134 of an acre, or 542m². 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 NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 17 on CHAPEL LANE.