7, CHAPEL LANE, NAVENBY, LINCOLN, LN5 0ER - £263,000

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

7 CHAPEL LANE is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £263,000 in March 2020, which was around 3% above the average March 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

7 CHAPEL LANE Sold Prices

Land registry data shows four sales for 7 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 Kesteven local authority area for the corresponding sale date. Most of the four 7 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 MAR	£263,000	£254,353	3% above HPI
2013 25 SEP	£178,550	£187,148	5% below HPI
2003 27 AUG	£143,000	£148,282	4% below HPI
2001 22 MAY	£65,000	£83,308	22% below HPI

7 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 four 7 CHAPEL LANE sales between May 2001 and March 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 September 2013 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2020 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 7 CHAPEL LANE?

7 CHAPEL LANE is 79m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses in Navenby, based on EPC data. The below chart shows the distribution of detached houses by size in Navenby, and where 7 CHAPEL LANE lies on this distribution: 19% of detached houses are smaller than 7 CHAPEL LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Navenby.

7 CHAPEL LANE: Plot and Title Map

7 CHAPEL LANE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 7 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 7 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 7 CHAPEL LANE?

7 CHAPEL LANE is located in NAVENBY, in the LN5 postcode district. The below map shows the position of No. 7 on CHAPEL LANE.