5, CHAPEL STREET, BILLINGBOROUGH, SLEAFORD, NG34 0QH - £249,000

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 STREET is a large extended detached house of 175m², built sometime between 1930 and 1949, which could now be worth an estimated £396,171. It was last sold for £249,000 in October 2006, which was around 9% above the average October 2006 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was D.

5 CHAPEL STREET Sold Prices

Land registry data shows three sales for 5 CHAPEL STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the three 5 CHAPEL STREET 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
2006 27 OCT	£249,000	£229,194	9% above HPI
2002 2 APR	£115,000	£130,441	12% below HPI
2000 15 JUL	£86,000	£106,486	19% below HPI

5 CHAPEL STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 5 CHAPEL STREET sales between July 2000 and October 2006 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 April 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2006 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 5 CHAPEL STREET be worth now?

5 CHAPEL STREET might now be worth an estimated £396,171.

This is based on house price inflation of 59.1%, between October 2006 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.1% inflationary increase is applied to the most recent sale price for 5 CHAPEL STREET of £249,000 on 27th October 2006. For the value to have increased from £249,000 to £396,171 over the nineteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 CHAPEL STREET has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2006 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHAPEL STREET has not materially changed since October 2006.

How Large is 5 CHAPEL STREET?

5 CHAPEL STREET is 175m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 40% of detached houses houses in Billingborough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Billingborough, and where 5 CHAPEL STREET lies on this distribution: 65% of detached houses houses are smaller than 5 CHAPEL STREET, and 35% of houses are larger. Note that EPC data is not available for all properties in Billingborough.

5 CHAPEL STREET: Plot and Title Map

5 CHAPEL STREET sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 5 CHAPEL STREET, 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 STREET). 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 STREET?

5 CHAPEL STREET is located in BILLINGBOROUGH, in the NG34 postcode district. The below map shows the position of No. 5 on CHAPEL STREET.