OLD CHAPEL COTTAGE, WOOD BANK, SKELLINGTHORPE, LINCOLN, LN6 5UD - £192,500

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.

OLD CHAPEL COTTAGE is a large extended detached house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £272,217. It was last sold for £192,500 in March 2016, which was around 10% below the average March 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

OLD CHAPEL COTTAGE Sold Prices

Land registry data shows four sales for OLD CHAPEL COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four OLD CHAPEL COTTAGE 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
2016 18 MAR	£192,500	£214,091	10% below HPI
2011 7 OCT	£140,000	£178,957	22% below HPI
2004 24 SEP	£133,000	£166,717	20% below HPI
2000 9 MAR	£59,000	£73,409	20% below HPI

OLD CHAPEL COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The four OLD CHAPEL COTTAGE sales between March 2000 and March 2016 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 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2016 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might OLD CHAPEL COTTAGE be worth now?

OLD CHAPEL COTTAGE might now be worth an estimated £272,217.

This is based on house price inflation of 41.4%, between March 2016 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.4% inflationary increase is applied to the most recent sale price for OLD CHAPEL COTTAGE of £192,500 on 18th March 2016. For the value to have increased from £192,500 to £272,217 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of OLD CHAPEL COTTAGE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2016 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of OLD CHAPEL COTTAGE has not materially changed since March 2016.

How Large is OLD CHAPEL COTTAGE?

OLD CHAPEL COTTAGE is 112m², which includes two extensions, according to the EPC inspection conducted in August 2010. This puts it in the largest 40% of detached houses houses in Skellingthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Skellingthorpe, and where OLD CHAPEL COTTAGE lies on this distribution: 64% of detached houses houses are smaller than OLD CHAPEL COTTAGE, and 36% of houses are larger. Note that EPC data is not available for all properties in Skellingthorpe.

OLD CHAPEL COTTAGE: Plot and Title Map

OLD CHAPEL COTTAGE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of OLD CHAPEL COTTAGE, 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 OLD CHAPEL COTTAGE). 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 OLD CHAPEL COTTAGE?

OLD CHAPEL COTTAGE is located on WOOD BANK in SKELLINGTHORPE, in the LN6 postcode district. The below map shows the position of OLD CHAPEL COTTAGE on WOOD BANK.