9, CHAPEL LANE, LEASINGHAM, SLEAFORD, NG34 8LB - £235,000

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

9 CHAPEL LANE is a very large detached house of 161m², built sometime between 1950 and 1966. It was last sold for £235,000 in December 2021, which was around 19% below the average December 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

9 CHAPEL LANE Sold Prices

Land registry data shows four sales for 9 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 9 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 15 DEC	£235,000	£289,408	19% below HPI
2005 8 JUL	£175,000	£179,501	3% below HPI
2005 11 FEB	£126,000	£172,591	27% below HPI
2004 8 SEP	£87,500	£168,856	48% below HPI

9 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 four 9 CHAPEL LANE sales between September 2004 and December 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 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 9 CHAPEL LANE?

9 CHAPEL LANE is 161m² according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses in Leasingham, based on EPC data. The below chart shows the distribution of detached houses by size in Leasingham, and where 9 CHAPEL LANE lies on this distribution: 90% of detached houses are smaller than 9 CHAPEL LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Leasingham.

9 CHAPEL LANE: Plot and Title Map

9 CHAPEL LANE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 9 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 9 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 9 CHAPEL LANE?

9 CHAPEL LANE is located in LEASINGHAM, in the NG34 postcode district. The below map shows the position of No. 9 on CHAPEL LANE.