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

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.

CHAPEL CLOSE is a small detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £258,622. It was last sold for £160,000 in July 2014, which was around 10% 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	£177,094	10% below HPI
2001 27 MAR	£65,000	£76,906	15% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might CHAPEL CLOSE be worth now?

CHAPEL CLOSE might now be worth an estimated £258,622.

This is based on house price inflation of 61.6%, between July 2014 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 61.6% inflationary increase is applied to the most recent sale price for CHAPEL CLOSE of £160,000 on 18th July 2014. For the value to have increased from £160,000 to £258,622 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of CHAPEL CLOSE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The July 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of CHAPEL CLOSE has not materially changed since July 2014.

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 houses in Alvingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alvingham, and where CHAPEL CLOSE lies on this distribution: 26% of detached houses 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.