3, CHAPEL LANE, LITTLE HALE, SLEAFORD, NG34 9BE - £411,000

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 188m², built sometime between 1950 and 1966. It was last sold for £411,000 in October 2022, which was around 27% above the average October 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

3 CHAPEL LANE Sold Prices

Land registry data shows two sales for 3 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 North Kesteven local authority area for the corresponding sale date. Both of the two 3 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
2022 20 OCT	£411,000	£322,721	27% above HPI
2018 4 JUL	£328,000	£250,557	31% above 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 two 3 CHAPEL LANE sales from July 2018 and October 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 July 2018 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2022 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 3 CHAPEL LANE?

3 CHAPEL LANE is 188m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% of detached houses in Little Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Little Hale, and where 3 CHAPEL LANE lies on this distribution: 70% of detached houses are smaller than 3 CHAPEL LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Little Hale.

3 CHAPEL LANE: Plot and Title Map

3 CHAPEL LANE sits on a plot of roughly 0.407 of an acre, or 1,648m². 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 LITTLE HALE, in the NG34 postcode district. The below map shows the position of No. 3 on CHAPEL LANE.