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 large detached house of 232m², built sometime between 1996 and 2002. It was last sold for £210,000 in March 2001, which was around 136% above the average March 2001 detached price in the Fenland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 8 CHAPEL LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland 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 |
---|---|---|---|
2001 12 MAR | £210,000 | £89,106 | 136% above HPI |
1998 3 AUG | £125,000 | £68,468 | 83% above HPI |
The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 8 CHAPEL LANE sales from August 1998 and March 2001 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 1998 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the March 2001 sale, where it rises to 136% above the HPI. The line then continues to track at 136% above the HPI.
8 CHAPEL LANE is 232m² according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of detached houses in Wimblington, based on EPC data. The below chart shows the distribution of detached houses by size in Wimblington, and where 8 CHAPEL LANE lies on this distribution: 94% of detached houses are smaller than 8 CHAPEL LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Wimblington.
8 CHAPEL LANE sits on a plot of roughly 0.261 of an acre, or 1,058m². 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.
8 CHAPEL LANE is located in WIMBLINGTON, in the PE15 postcode district. The below map shows the position of No. 8 on CHAPEL LANE.