CHESTNUT LODGE, MAIN ROAD, LAUGHTERTON, LINCOLN, LN1 2JZ - £291,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHESTNUT LODGE is a very large extended detached house of 176m², built sometime between 1991 and 1995, which could now be worth an estimated £380,995. It was last sold for £291,500 in December 2018, which was around 31% above the average December 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

CHESTNUT LODGE Sold Prices

Land registry data shows three sales for CHESTNUT LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. Two of the three CHESTNUT LODGE sales were for above the average price, whilst one was 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 17 DEC	£291,500	£222,732	31% above HPI
2003 23 MAY	£208,000	£136,855	52% above HPI
2001 13 AUG	£30,000	£84,604	65% below HPI

CHESTNUT LODGE 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 three CHESTNUT LODGE sales between August 2001 and December 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 2003 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the December 2018 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might CHESTNUT LODGE be worth now?

CHESTNUT LODGE might now be worth an estimated £380,995.

This is based on house price inflation of 30.7%, between December 2018 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 30.7% inflationary increase is applied to the most recent sale price for CHESTNUT LODGE of £291,500 on 17th December 2018. For the value to have increased from £291,500 to £380,995 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of CHESTNUT LODGE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The December 2018 sale price of £291,500 represented a fair market value for the property.
• The size, condition, and specification of CHESTNUT LODGE has not materially changed since December 2018.

How Large is CHESTNUT LODGE?

CHESTNUT LODGE is 176m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 20% of detached houses houses in Laughterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Laughterton, and where CHESTNUT LODGE lies on this distribution: 88% of detached houses houses are smaller than CHESTNUT LODGE, and 13% of houses are larger. Note that EPC data is not available for all properties in Laughterton.

CHESTNUT LODGE: Plot and Title Map

CHESTNUT LODGE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of CHESTNUT LODGE, 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 CHESTNUT LODGE). 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 CHESTNUT LODGE?

CHESTNUT LODGE is located on MAIN ROAD in LAUGHTERTON, in the LN1 postcode district. The below map shows the position of CHESTNUT LODGE on MAIN ROAD.