CHIMNEYS, HALLS LANE, NORTH KELSEY, MARKET RASEN, LN7 6EG - £224,950

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.

CHIMNEYS is a midsized detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £297,697. It was last sold for £224,950 in September 2017, which was around 2% above the average September 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

CHIMNEYS Sold Prices

Land registry data shows two sales for CHIMNEYS 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. One of the two CHIMNEYS sales was for above the average price, whilst the other 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
2017 21 SEP	£224,950	£219,976	2% above HPI
2015 14 OCT	£189,950	£199,488	5% below HPI

CHIMNEYS 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 CHIMNEYS sales from October 2015 and September 2017 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 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2017 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might CHIMNEYS be worth now?

CHIMNEYS might now be worth an estimated £297,697.

This is based on house price inflation of 32.3%, between September 2017 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 32.3% inflationary increase is applied to the most recent sale price for CHIMNEYS of £224,950 on 21st September 2017. For the value to have increased from £224,950 to £297,697 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of CHIMNEYS has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The September 2017 sale price of £224,950 represented a fair market value for the property.
• The size, condition, and specification of CHIMNEYS has not materially changed since September 2017.

How Large is CHIMNEYS?

CHIMNEYS is 129m² according to the EPC inspection conducted in December 2018. This puts it in the largest 50% of detached houses houses in North Kelsey, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Kelsey, and where CHIMNEYS lies on this distribution: 52% of detached houses houses are smaller than CHIMNEYS, and 47% of houses are larger. Note that EPC data is not available for all properties in North Kelsey.

CHIMNEYS: Plot and Title Map

CHIMNEYS sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of CHIMNEYS, 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 CHIMNEYS). 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 CHIMNEYS?

CHIMNEYS is located on HALLS LANE in NORTH KELSEY, in the LN7 postcode district. The below map shows the position of CHIMNEYS on HALLS LANE.