CHAPEL HOUSE, BRIGG ROAD, SOUTH KELSEY, MARKET RASEN, LN7 6PQ - £557,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CHAPEL HOUSE is a very large extended detached house of 306m², built sometime between 1996 and 2002. It was last sold for £557,500 in September 2021, which was around 121% above the average September 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was C.

CHAPEL HOUSE Sold Prices

Land registry data shows two sales for CHAPEL HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Both of the two CHAPEL HOUSE sales were 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
2021 7 SEP	£557,500	£252,547	121% above HPI
2004 2 AUG	£390,000	£177,543	120% above HPI

CHAPEL HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two CHAPEL HOUSE sales from August 2004 and September 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 2004 sale was for 120% above the HPI. So the extrapolation line tracks at 120% above the HPI over time, until the September 2021 sale, where it rises to 121% above the HPI. The line then continues to track at 121% above the HPI.

How Large is CHAPEL HOUSE?

CHAPEL HOUSE is 306m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 10% of detached houses in South Kelsey, based on EPC data. The below chart shows the distribution of detached houses by size in South Kelsey, and where CHAPEL HOUSE lies on this distribution: 95% of detached houses are smaller than CHAPEL HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in South Kelsey.

CHAPEL HOUSE: Plot and Title Map

CHAPEL HOUSE sits on a plot of roughly 0.376 of an acre, or 1,523m². The below map shows the location of CHAPEL HOUSE, 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 HOUSE). 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 HOUSE?

CHAPEL HOUSE is located on BRIGG ROAD in SOUTH KELSEY, in the LN7 postcode district. The below map shows the position of CHAPEL HOUSE on BRIGG ROAD.