CHAPEL HOUSE, MAIN STREET, OSGODBY, MARKET RASEN, LN8 3PA - £335,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CHAPEL HOUSE is a large extended detached house of 156m², built sometime between 1900 and 1929, which could now be worth an estimated £373,347. It was last sold for £335,000 in July 2021, which was around 28% above the average July 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was February 2021, where the current energy rating was E, and the potential energy rating was D.

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 23 JUL	£335,000	£261,213	28% above HPI
2016 14 OCT	£325,000	£208,228	56% 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 October 2016 and July 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 October 2016 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the July 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might CHAPEL HOUSE be worth now?

CHAPEL HOUSE might now be worth an estimated £373,347.

This is based on house price inflation of 11.4%, between July 2021 and February 2025, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.4% inflationary increase is applied to the most recent sale price for CHAPEL HOUSE of £335,000 on 23rd July 2021. For the value to have increased from £335,000 to £373,347 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of CHAPEL HOUSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2021 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of CHAPEL HOUSE has not materially changed since July 2021.

How Large is CHAPEL HOUSE?

CHAPEL HOUSE is 156m², which includes two extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 40% of detached houses houses in Osgodby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Osgodby, and where CHAPEL HOUSE lies on this distribution: 64% of detached houses houses are smaller than CHAPEL HOUSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Osgodby.

CHAPEL HOUSE: Plot and Title Map

CHAPEL HOUSE sits on a plot of roughly 0.110 of an acre, or 447m². 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 MAIN STREET in OSGODBY, in the LN8 postcode district. The below map shows the position of CHAPEL HOUSE on MAIN STREET.