CHAPEL COTTAGE, CHAPEL LANE, ELLEL, LANCASTER, LA2 0PT - £218,000

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 COTTAGE is a very large detached house of 136m², built sometime before 1900, which could now be worth an estimated £287,572. It was last sold for £218,000 in March 2020, which was around 14% below the average March 2020 detached price in the Lancaster local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

CHAPEL COTTAGE Sold Prices

Land registry data shows three sales for CHAPEL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Two of the three CHAPEL COTTAGE sales were for below the average price, whilst one was 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
2020 11 MAR	£218,000	£253,215	14% below HPI
2013 11 DEC	£241,000	£216,934	11% above HPI
2001 1 AUG	£85,000	£99,826	15% below HPI

CHAPEL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The three CHAPEL COTTAGE sales between August 2001 and March 2020 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 December 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might CHAPEL COTTAGE be worth now?

CHAPEL COTTAGE might now be worth an estimated £287,572.

This is based on house price inflation of 31.9%, between March 2020 and February 2025, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.9% inflationary increase is applied to the most recent sale price for CHAPEL COTTAGE of £218,000 on 11th March 2020. For the value to have increased from £218,000 to £287,572 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of CHAPEL COTTAGE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The March 2020 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of CHAPEL COTTAGE has not materially changed since March 2020.

How Large is CHAPEL COTTAGE?

CHAPEL COTTAGE is 136m² according to the EPC inspection conducted in October 2012. This puts it in the largest 10% of detached houses houses in Galgate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Galgate, and where CHAPEL COTTAGE lies on this distribution: 90% of detached houses houses are smaller than CHAPEL COTTAGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Galgate.

CHAPEL COTTAGE: Plot and Title Map

CHAPEL COTTAGE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of CHAPEL COTTAGE, 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 COTTAGE). 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 COTTAGE?

CHAPEL COTTAGE is located on CHAPEL LANE in ELLEL, in the LA2 postcode district. The below map shows the position of CHAPEL COTTAGE on CHAPEL LANE.