8, CHAPEL LANE, MANBY, LOUTH, LN11 8HQ - £170,000

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

8 CHAPEL LANE is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £170,000 in June 2021, which was around 29% below the average June 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

8 CHAPEL LANE Sold Prices

Land registry data shows five sales for 8 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 8 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
2021 30 JUN	£170,000	£238,466	29% below HPI
2015 19 JUL	£125,000	£181,933	31% below HPI
2014 5 NOV	£120,000	£177,608	32% below HPI
2003 27 AUG	£120,000	£135,527	11% below HPI
1997 2 JUL	£55,500	£60,466	8% below HPI

8 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The five 8 CHAPEL LANE sales between July 1997 and June 2021 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 July 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 CHAPEL LANE?

8 CHAPEL LANE is 78m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Manby, based on EPC data. The below chart shows the distribution of detached houses by size in Manby, and where 8 CHAPEL LANE lies on this distribution: 8% of detached houses are smaller than 8 CHAPEL LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Manby.

8 CHAPEL LANE: Plot and Title Map

8 CHAPEL LANE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 8 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 8 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 8 CHAPEL LANE?

8 CHAPEL LANE is located in MANBY, in the LN11 postcode district. The below map shows the position of No. 8 on CHAPEL LANE.