CHAPEL COTTAGE, CHAPEL LANE, MANBY, LOUTH, LN11 8HQ - £96,000

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 COTTAGE is a very small detached house of 43m², built sometime before 1900. It was last sold for £96,000 in May 2021, which was around 59% below the average May 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

CHAPEL COTTAGE Sold Prices

Land registry data shows four sales for CHAPEL COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the four CHAPEL COTTAGE 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 7 MAY	£96,000	£235,278	59% below HPI
2015 25 AUG	£118,000	£184,958	36% below HPI
2004 26 NOV	£109,950	£167,463	34% below HPI
2000 31 MAY	£31,000	£72,066	57% below HPI

CHAPEL COTTAGE 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 four CHAPEL COTTAGE sales between May 2000 and May 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 August 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2021 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is CHAPEL COTTAGE?

CHAPEL COTTAGE is 43m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Manby, based on EPC data. The below chart shows the distribution of detached houses by size in Manby, and where CHAPEL COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than CHAPEL COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Manby.

CHAPEL COTTAGE: Plot and Title Map

CHAPEL COTTAGE sits on a plot of roughly 0.017 of an acre, or 68m². 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 MANBY, in the LN11 postcode district. The below map shows the position of CHAPEL COTTAGE on CHAPEL LANE.