5, CHAPEL LANE, STOKE ALBANY, MARKET HARBOROUGH, LE16 8PW - £358,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 CHAPEL LANE is a midsized extended detached house of 128m², built sometime before 1900, which could now be worth an estimated £543,680. It was last sold for £358,500 in February 2016, which was around 33% above the average February 2016 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

5 CHAPEL LANE Sold Prices

Land registry data shows four sales for 5 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Northamptonshire local authority area for the corresponding sale date. All of the four 5 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
2016 5 FEB	£358,500	£268,869	33% above HPI
2012 11 JUL	£335,000	£211,750	58% above HPI
2006 23 MAR	£315,000	£203,296	55% above HPI
1996 26 JUL	£110,000	£67,986	62% above HPI

5 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The four 5 CHAPEL LANE sales between July 1996 and February 2016 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 2012 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the February 2016 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 5 CHAPEL LANE be worth now?

5 CHAPEL LANE might now be worth an estimated £543,680.

This is based on house price inflation of 51.7%, between February 2016 and February 2025, for detached houses, in the North Northamptonshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.7% inflationary increase is applied to the most recent sale price for 5 CHAPEL LANE of £358,500 on 5th February 2016. For the value to have increased from £358,500 to £543,680 over the nine years to February 2025, the following assumptions must hold true:

• The value of 5 CHAPEL LANE has moved in line with the HPI for detached houses in the North Northamptonshire local authority area.
• The February 2016 sale price of £358,500 represented a fair market value for the property.
• The size, condition, and specification of 5 CHAPEL LANE has not materially changed since February 2016.

How Large is 5 CHAPEL LANE?

5 CHAPEL LANE is 128m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses houses in Stoke Albany, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stoke Albany, and where 5 CHAPEL LANE lies on this distribution: 47% of detached houses houses are smaller than 5 CHAPEL LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Stoke Albany.

5 CHAPEL LANE: Plot and Title Map

5 CHAPEL LANE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 5 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 5 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 5 CHAPEL LANE?

5 CHAPEL LANE is located in STOKE ALBANY, in the LE16 postcode district. The below map shows the position of No. 5 on CHAPEL LANE.