CHAPELFIELD, CHURCH STREET, NETTLETON, MARKET RASEN, LN7 6NP - £400,000

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

CHAPELFIELD is a very large detached house of 248m², built sometime between 1983 and 1990. It was last sold for £400,000 in August 2018, which was around 76% above the average August 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

CHAPELFIELD Sold Prices

Land registry data shows two sales for CHAPELFIELD 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 CHAPELFIELD 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
2018 31 AUG	£400,000	£226,699	76% above HPI
2014 16 JUL	£338,000	£184,669	83% above HPI

CHAPELFIELD 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 CHAPELFIELD sales from July 2014 and August 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 July 2014 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the August 2018 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is CHAPELFIELD?

CHAPELFIELD is 248m² according to the EPC inspection conducted in June 2018. This puts it in the largest 10% of detached houses in Nettleton, based on EPC data. The below chart shows the distribution of detached houses by size in Nettleton, and where CHAPELFIELD lies on this distribution: 91% of detached houses are smaller than CHAPELFIELD, and 9% of houses are larger. Note that EPC data is not available for all properties in Nettleton.

CHAPELFIELD: Plot and Title Map

CHAPELFIELD sits on a plot of roughly 0.304 of an acre, or 1,230m². The below map shows the location of CHAPELFIELD, 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 CHAPELFIELD). 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 CHAPELFIELD?

CHAPELFIELD is located on CHURCH STREET in NETTLETON, in the LN7 postcode district. The below map shows the position of CHAPELFIELD on CHURCH STREET.