54, CHAPEL LANE, NAVENBY, LINCOLN, LN5 0ER - £190,000

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

54 CHAPEL LANE is a small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £190,000 in November 2015, which was around 10% below the average November 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

54 CHAPEL LANE Sold Prices

Land registry data shows two sales for 54 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 54 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
2015 6 NOV	£190,000	£211,957	10% below HPI
1999 8 JAN	£85,000	£70,286	21% above HPI

54 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 54 CHAPEL LANE sales from January 1999 and November 2015 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 January 1999 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 54 CHAPEL LANE?

54 CHAPEL LANE is 85m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 54 CHAPEL LANE lies on this distribution: 26% of detached houses are smaller than 54 CHAPEL LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Navenby.

54 CHAPEL LANE: Plot and Title Map

54 CHAPEL LANE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 54 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 54 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 54 CHAPEL LANE?

54 CHAPEL LANE is located in NAVENBY, in the LN5 postcode district. The below map shows the position of No. 54 on CHAPEL LANE.