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
31 CHAPEL LANE is a very large extended detached house of 239m², built sometime between 1900 and 1929. It was last sold for £290,000 in May 2018, which was around 18% above the average May 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 31 CHAPEL LANE since 1st 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. All of the three 31 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 |
---|---|---|---|
2018 30 MAY | £290,000 | £245,174 | 18% above HPI |
2003 27 AUG | £225,000 | £148,282 | 52% above HPI |
1999 9 AUG | £90,500 | £73,068 | 24% above HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 31 CHAPEL LANE sales between August 1999 and May 2018 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 August 2003 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the May 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.
31 CHAPEL LANE is 239m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 20% 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 31 CHAPEL LANE lies on this distribution: 85% of detached houses are smaller than 31 CHAPEL LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Little Hale.
31 CHAPEL LANE sits on a plot of roughly 0.370 of an acre, or 1,497m². The below map shows the location of 31 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 31 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.
31 CHAPEL LANE is located in LITTLE HALE, in the NG34 postcode district. The below map shows the position of No. 31 on CHAPEL LANE.