48, CHAPEL LANE, LEASINGHAM, SLEAFORD, NG34 8LD - £296,000

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

48 CHAPEL LANE is a large extended detached house of 111m², built sometime between 1900 and 1929. It was last sold for £296,000 in September 2018, which was around 17% above the average September 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2013, where the current energy rating was F, and the potential energy rating was B.

48 CHAPEL LANE Sold Prices

Land registry data shows three sales for 48 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. One of the three 48 CHAPEL LANE sales was for above the average price, whilst two 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
2018 28 SEP	£296,000	£253,027	17% above HPI
2017 27 MAR	£195,000	£231,492	16% below HPI
2014 8 AUG	£170,000	£198,291	14% below HPI

48 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 48 CHAPEL LANE sales between August 2014 and September 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 March 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 48 CHAPEL LANE?

48 CHAPEL LANE is 111m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 30% of detached houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 48 CHAPEL LANE lies on this distribution: 73% of detached houses are smaller than 48 CHAPEL LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

48 CHAPEL LANE: Plot and Title Map

48 CHAPEL LANE sits on a plot of roughly 0.243 of an acre, or 985m². The below map shows the location of 48 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 48 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 48 CHAPEL LANE?

48 CHAPEL LANE is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 48 on CHAPEL LANE.