31, CHAPEL LANE, NORTH HYKEHAM, LINCOLN, LN6 9QZ - £270,000

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

31 CHAPEL LANE is a large detached house of 124m², built sometime between 1967 and 1975. It was last sold for £270,000 in January 2021, which was around 1% below the average January 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

31 CHAPEL LANE Sold Prices

Land registry data shows two sales for 31 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. One of the two 31 CHAPEL LANE sales was for below the average price, whilst the other was 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
2021 5 JAN	£270,000	£272,907	1% below HPI
2011 7 OCT	£203,000	£181,253	12% above HPI

31 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 31 CHAPEL LANE sales from October 2011 and January 2021 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 October 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 31 CHAPEL LANE?

31 CHAPEL LANE is 124m² according to the EPC inspection conducted in October 2019. This puts it in the largest 30% of detached houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in North Hykeham, and where 31 CHAPEL LANE lies on this distribution: 71% of detached houses are smaller than 31 CHAPEL LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

31 CHAPEL LANE: Plot and Title Map

31 CHAPEL LANE sits on a plot of roughly 0.209 of an acre, or 845m². 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.

Where is 31 CHAPEL LANE?

31 CHAPEL LANE is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 31 on CHAPEL LANE.