CHAPEL CLOSE, HIGH BRIDGE ROAD, ALVINGHAM, LOUTH, LN11 0QB - £160,000

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

CHAPEL CLOSE is a small detached house of 105m², built sometime between 1967 and 1975. It was last sold for £160,000 in July 2014, which was around 8% below the average July 2014 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2014, where the current energy rating was F, and the potential energy rating was D.

CHAPEL CLOSE Sold Prices

Land registry data shows two sales for CHAPEL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two CHAPEL CLOSE 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
2014 18 JUL	£160,000	£174,550	8% below HPI
2001 27 MAR	£65,000	£75,801	14% below HPI

CHAPEL CLOSE 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 two CHAPEL CLOSE sales from March 2001 and July 2014 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 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is CHAPEL CLOSE?

CHAPEL CLOSE is 105m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Alvingham, based on EPC data. The below chart shows the distribution of detached houses by size in Alvingham, and where CHAPEL CLOSE lies on this distribution: 26% of detached houses are smaller than CHAPEL CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Alvingham.

CHAPEL CLOSE: Plot and Title Map

CHAPEL CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of CHAPEL CLOSE, 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 CHAPEL CLOSE). 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 CHAPEL CLOSE?

CHAPEL CLOSE is located on HIGH BRIDGE ROAD in ALVINGHAM, in the LN11 postcode district. The below map shows the position of CHAPEL CLOSE on HIGH BRIDGE ROAD.