7B, CHAPEL LANE, LEASINGHAM, SLEAFORD, NG34 8LB - £182,000

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

7B CHAPEL LANE is a small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £182,000 in July 2015, which was around 12% below the average July 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

7B CHAPEL LANE Sold Prices

Land registry data shows two sales for 7B 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 7B 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 22 JUL	£182,000	£205,973	12% below HPI
2001 24 AUG	£92,000	£86,657	6% above HPI

7B 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 7B CHAPEL LANE sales from August 2001 and July 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 August 2001 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 7B CHAPEL LANE?

7B CHAPEL LANE is 77m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 7B CHAPEL LANE lies on this distribution: 22% of detached houses are smaller than 7B CHAPEL LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

7B CHAPEL LANE: Plot and Title Map

7B CHAPEL LANE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 7B 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 7B 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 7B CHAPEL LANE?

7B CHAPEL LANE is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 7B on CHAPEL LANE.