2, CHAPEL COURT, GLENTHAM, MARKET RASEN, LN8 2DY - £240,000

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

2 CHAPEL COURT is a large detached house of 143m², built sometime from 2007 onwards. It was last sold for £240,000 in June 2018, which was around 8% above the average June 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

2 CHAPEL COURT Sold Prices

Land registry data shows two sales for 2 CHAPEL COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two 2 CHAPEL COURT sales were 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
2018 26 JUN	£240,000	£221,675	8% above HPI
2007 30 MAR	£280,000	£182,554	53% above HPI

2 CHAPEL COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 2 CHAPEL COURT sales from March 2007 and June 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 March 2007 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the June 2018 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 CHAPEL COURT?

2 CHAPEL COURT is 143m² according to the EPC inspection conducted in February 2018. This puts it in the largest 30% of detached houses in Glentham, based on EPC data. The below chart shows the distribution of detached houses by size in Glentham, and where 2 CHAPEL COURT lies on this distribution: 69% of detached houses are smaller than 2 CHAPEL COURT, and 30% of houses are larger. Note that EPC data is not available for all properties in Glentham.

2 CHAPEL COURT: Plot and Title Map

2 CHAPEL COURT sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 2 CHAPEL COURT, 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 2 CHAPEL COURT). 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 2 CHAPEL COURT?

2 CHAPEL COURT is located in GLENTHAM, in the LN8 postcode district. The below map shows the position of No. 2 on CHAPEL COURT.