23, CHAPEL LANE, MANBY, LOUTH, LN11 8HQ - £227,500

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

23 CHAPEL LANE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £227,500 in April 2023, which was around 18% below the average April 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was February 2023, where the current energy rating was B, and the potential energy rating was B.

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 East Lindsey 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
2023 19 APR	£227,500	£276,881	18% below HPI
2007 23 APR	£170,000	£186,442	9% below HPI

23 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 23 CHAPEL LANE sales from April 2007 and April 2023 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 23 CHAPEL LANE?

23 CHAPEL LANE is 73m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% of detached houses in Manby, based on EPC data. The below chart shows the distribution of detached houses by size in Manby, and where 23 CHAPEL LANE lies on this distribution: 4% of detached houses are smaller than 23 CHAPEL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Manby.

23 CHAPEL LANE: Plot and Title Map

23 CHAPEL LANE sits on a plot of roughly 0.165 of an acre, or 667m². 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 MANBY, in the LN11 postcode district. The below map shows the position of No. 23 on CHAPEL LANE.