8, CHAPEL LANE, NORTH HYKEHAM, LINCOLN, LN6 9QZ - £238,500

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 extended semi-detached house of 77m², built sometime before 1900, which could now be worth an estimated £305,999. It was last sold for £238,500 in September 2018, which was around 46% above the average September 2018 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

8 CHAPEL LANE Sold Prices

Land registry data shows two sales for 8 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 8 CHAPEL LANE sales were 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
2018 14 SEP	£238,500	£162,927	46% above HPI
2004 12 MAR	£145,000	£100,570	44% above HPI

8 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 8 CHAPEL LANE sales from March 2004 and September 2018 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 March 2004 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2018 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 8 CHAPEL LANE be worth now?

8 CHAPEL LANE might now be worth an estimated £305,999.

This is based on house price inflation of 28.3%, between September 2018 and March 2025, for semi-detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.3% inflationary increase is applied to the most recent sale price for 8 CHAPEL LANE of £238,500 on 14th September 2018. For the value to have increased from £238,500 to £305,999 over the seven years and six months to March 2025, the following assumptions must hold true:

• The value of 8 CHAPEL LANE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The September 2018 sale price of £238,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CHAPEL LANE has not materially changed since September 2018.

How Large is 8 CHAPEL LANE?

8 CHAPEL LANE is 77m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of semi-detached houses houses in North Hykeham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Hykeham, and where 8 CHAPEL LANE lies on this distribution: 19% of semi-detached houses houses are smaller than 8 CHAPEL LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

8 CHAPEL LANE: Plot and Title Map

8 CHAPEL LANE sits on a plot of roughly 0.109 of an acre, or 440m². 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 NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 8 on CHAPEL LANE.