5, CHAPEL COURT, GLENTHAM, MARKET RASEN, LN8 2DY - £312,000

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

5 CHAPEL COURT is a large detached house of 140m², built sometime between 2003 and 2006. It was last sold for £312,000 in October 2020, which was around 34% above the average October 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

5 CHAPEL COURT Sold Prices

Land registry data shows three sales for 5 CHAPEL COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. All of the three 5 CHAPEL COURT 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
2020 1 OCT	£312,000	£233,330	34% above HPI
2014 22 AUG	£290,000	£182,973	58% above HPI
2006 6 JAN	£250,000	£180,042	39% above HPI

5 CHAPEL COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The three 5 CHAPEL COURT sales between January 2006 and October 2020 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 2014 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the October 2020 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 5 CHAPEL COURT?

5 CHAPEL COURT is 140m² according to the EPC inspection conducted in June 2011. This puts it in the largest 40% of detached houses in Glentham, based on EPC data. The below chart shows the distribution of detached houses by size in Glentham, and where 5 CHAPEL COURT lies on this distribution: 66% of detached houses are smaller than 5 CHAPEL COURT, and 34% of houses are larger. Note that EPC data is not available for all properties in Glentham.

5 CHAPEL COURT: Plot and Title Map

5 CHAPEL COURT sits on a plot of roughly 0.350 of an acre, or 1,416m². The below map shows the location of 5 CHAPEL COURT, 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 5 CHAPEL COURT). 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 5 CHAPEL COURT?

5 CHAPEL COURT is located in GLENTHAM, in the LN8 postcode district. The below map shows the position of No. 5 on CHAPEL COURT.