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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CHAPEL LANE is a very large extended detached house of 172m², built sometime before 1900. It was last sold for £285,000 in October 2003, which was around 22% 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	£233,707	22% above HPI
1996 17 MAY	£137,000	£87,017	57% 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 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the October 2003 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

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 in Lilbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Lilbourne, and where 2 CHAPEL LANE lies on this distribution: 90% of detached 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.