2, CHAPEL LANE, LILBOURNE, RUGBY, CV23 0ST - £285,000

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

2 CHAPEL LANE is a very large extended detached house of 172m², built sometime before 1900, which could now be worth an estimated £565,800. It was last sold for £285,000 in October 2003, which was around 21% above the average October 2003 detached price in the West Northamptonshire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was C.

2 CHAPEL LANE Sold Prices

Land registry data shows two sales for 2 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 West Northamptonshire local authority area for the corresponding sale date. Both of the two 2 CHAPEL LANE 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
2003 31 OCT	£285,000	£236,148	21% above HPI
1996 17 MAY	£137,000	£87,926	56% above HPI

2 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Northamptonshire local authority area over time, sourced from the HPI. The two 2 CHAPEL LANE sales from May 1996 and October 2003 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 May 1996 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the October 2003 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 2 CHAPEL LANE be worth now?

2 CHAPEL LANE might now be worth an estimated £565,800.

This is based on house price inflation of 98.5%, between October 2003 and December 2024, for detached houses, in the West Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 98.5% inflationary increase is applied to the most recent sale price for 2 CHAPEL LANE of £285,000 on 31st October 2003. For the value to have increased from £285,000 to £565,800 over the twenty years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 CHAPEL LANE has moved in line with the HPI for detached houses in the West Northamptonshire local authority area.
• The October 2003 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAPEL LANE has not materially changed since October 2003.

How Large is 2 CHAPEL LANE?

2 CHAPEL LANE is 172m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 10% of detached houses houses in Lilbourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lilbourne, and where 2 CHAPEL LANE lies on this distribution: 90% of detached houses houses are smaller than 2 CHAPEL LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Lilbourne.

2 CHAPEL LANE: Plot and Title Map

2 CHAPEL LANE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 2 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 2 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 2 CHAPEL LANE?

2 CHAPEL LANE is located in LILBOURNE, in the CV23 postcode district. The below map shows the position of No. 2 on CHAPEL LANE.