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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CHAPEL LANE is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £201,135. It was last sold for £170,000 in June 2021, which was around 30% 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	£241,941	30% below HPI
2015 19 JUL	£125,000	£184,584	32% below HPI
2014 5 NOV	£120,000	£180,195	33% below HPI
2003 27 AUG	£120,000	£137,502	13% below HPI
1997 2 JUL	£55,500	£61,347	10% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 8 CHAPEL LANE be worth now?

8 CHAPEL LANE might now be worth an estimated £201,135.

This is based on house price inflation of 18.3%, between June 2021 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.3% inflationary increase is applied to the most recent sale price for 8 CHAPEL LANE of £170,000 on 30th June 2021. For the value to have increased from £170,000 to £201,135 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 8 CHAPEL LANE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The June 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHAPEL LANE has not materially changed since June 2021.

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 houses in Manby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manby, and where 8 CHAPEL LANE lies on this distribution: 8% of detached houses 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.