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
58 CHAPEL LANE is a midsized detached house of 111m², built sometime before 1900. It was last sold for £235,000 in June 2020, which was around 10% below the average June 2020 detached price in the Fenland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 58 CHAPEL LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the five 58 CHAPEL LANE sales 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 |
---|---|---|---|
2020 12 JUN | £235,000 | £261,445 | 10% below HPI |
2015 23 OCT | £140,000 | £203,930 | 31% below HPI |
2004 16 SEP | £160,000 | £170,732 | 6% below HPI |
2000 4 FEB | £56,500 | £75,385 | 25% below HPI |
1995 28 JUL | £49,995 | £57,527 | 13% below HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The five 58 CHAPEL LANE sales between July 1995 and June 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 October 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
58 CHAPEL LANE is 111m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 50% of detached houses in Wimblington, based on EPC data. The below chart shows the distribution of detached houses by size in Wimblington, and where 58 CHAPEL LANE lies on this distribution: 47% of detached houses are smaller than 58 CHAPEL LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Wimblington.
58 CHAPEL LANE sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 58 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 58 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.
58 CHAPEL LANE is located in WIMBLINGTON, in the PE15 postcode district. The below map shows the position of No. 58 on CHAPEL LANE.