3, CHAPEL LANE, HELPRINGHAM, SLEAFORD, NG34 0RQ - £390,000

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

3 CHAPEL LANE is a large extended detached house of 143m², built sometime before 1900. It was last sold for £390,000 in May 2022, which was around 29% above the average May 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

3 CHAPEL LANE Sold Prices

Land registry data shows three sales for 3 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. The three 3 CHAPEL LANE sales were a mix of above the average price, and roughly equal to 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
2022 31 MAY	£390,000	£303,288	29% above HPI
2021 9 FEB	£350,000	£273,488	28% above HPI
1998 6 AUG	£67,000	£66,883	Close to HPI

3 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 3 CHAPEL LANE sales between August 1998 and May 2022 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 February 2021 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2022 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 3 CHAPEL LANE?

3 CHAPEL LANE is 143m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 40% of detached houses in Helpringham, based on EPC data. The below chart shows the distribution of detached houses by size in Helpringham, and where 3 CHAPEL LANE lies on this distribution: 61% of detached houses are smaller than 3 CHAPEL LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Helpringham.

3 CHAPEL LANE: Plot and Title Map

3 CHAPEL LANE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 3 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 3 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 3 CHAPEL LANE?

3 CHAPEL LANE is located in HELPRINGHAM, in the NG34 postcode district. The below map shows the position of No. 3 on CHAPEL LANE.