CHAPEL HOUSE, PLATTS LANE, BUCKNALL, WOODHALL SPA, LN10 5DY - £180,000

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 small extended detached house of 70m², built sometime between 1900 and 1929. It was last sold for £180,000 in January 2018, which was around 14% below the average January 2018 detached price in the East Lindsey local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

CHAPEL HOUSE Sold Prices

Land registry data shows three sales for CHAPEL HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three CHAPEL HOUSE 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
2018 31 JAN	£180,000	£209,687	14% below HPI
2016 3 MAY	£149,950	£191,921	22% below HPI
2006 6 OCT	£87,500	£176,185	50% below HPI

CHAPEL HOUSE 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 three CHAPEL HOUSE sales between October 2006 and January 2018 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 May 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is CHAPEL HOUSE?

CHAPEL HOUSE is 70m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Bucknall, based on EPC data. The below chart shows the distribution of detached houses by size in Bucknall, and where CHAPEL HOUSE lies on this distribution: 3% of detached houses are smaller than CHAPEL HOUSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bucknall.

CHAPEL HOUSE: Plot and Title Map

CHAPEL HOUSE sits on a plot of roughly 0.087 of an acre, or 351m². 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 PLATTS LANE in BUCKNALL, in the LN10 postcode district. The below map shows the position of CHAPEL HOUSE on PLATTS LANE.