23, CHAPEL LANE, CAYTHORPE, GRANTHAM, NG32 3EG - £68,000

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

23 CHAPEL LANE is a very small extended detached house of 96m², built sometime between 1976 and 1982, which could now be worth an estimated £277,230. It was last sold for £68,000 in July 1999, which was around 24% below the average July 1999 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2024, where the current energy rating was D, and the potential energy rating was C.

23 CHAPEL LANE Sold Prices

Land registry data shows two sales for 23 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 South Kesteven local authority area for the corresponding sale date. Both of the two 23 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
1999 2 JUL	£68,000	£89,445	24% below HPI
1996 29 MAR	£59,950	£66,374	10% below HPI

23 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 two 23 CHAPEL LANE sales from March 1996 and July 1999 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 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 1999 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 23 CHAPEL LANE be worth now?

23 CHAPEL LANE might now be worth an estimated £277,230.

This is based on house price inflation of 307.7%, between July 1999 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 307.7% inflationary increase is applied to the most recent sale price for 23 CHAPEL LANE of £68,000 on 2nd July 1999. For the value to have increased from £68,000 to £277,230 over the 26 years and five months to February 2025, the following assumptions must hold true:

• The value of 23 CHAPEL LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The July 1999 sale price of £68,000 represented a fair market value for the property.
• The size, condition, and specification of 23 CHAPEL LANE has not materially changed since July 1999.

How Large is 23 CHAPEL LANE?

23 CHAPEL LANE is 96m², which includes one extension, according to the EPC inspection conducted in November 2024. This puts it in the smallest 20% of detached houses houses in Caythorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caythorpe, and where 23 CHAPEL LANE lies on this distribution: 15% of detached houses houses are smaller than 23 CHAPEL LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Caythorpe.

23 CHAPEL LANE: Plot and Title Map

23 CHAPEL LANE sits on a plot of roughly 0.178 of an acre, or 722m². The below map shows the location of 23 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 23 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 23 CHAPEL LANE?

23 CHAPEL LANE is located in CAYTHORPE, in the NG32 postcode district. The below map shows the position of No. 23 on CHAPEL LANE.