OPHIRA, CHAPEL LANE, HARMSTON, LINCOLN, LN5 9TB - £450,000

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

OPHIRA is a large extended detached house of 189m², built sometime between 1983 and 1990. It was last sold for £450,000 in April 2021, which was around 65% above the average April 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

OPHIRA Sold Prices

Land registry data shows two sales for OPHIRA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two OPHIRA 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
2021 26 APR	£450,000	£273,517	65% above HPI
2008 16 JUN	£325,000	£191,692	70% above HPI

OPHIRA 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 two OPHIRA sales from June 2008 and April 2021 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 June 2008 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the April 2021 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is OPHIRA?

OPHIRA is 189m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses in Harmston, based on EPC data. The below chart shows the distribution of detached houses by size in Harmston, and where OPHIRA lies on this distribution: 64% of detached houses are smaller than OPHIRA, and 36% of houses are larger. Note that EPC data is not available for all properties in Harmston.

OPHIRA: Plot and Title Map

OPHIRA sits on a plot of roughly 0.326 of an acre, or 1,320m². The below map shows the location of OPHIRA, 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 OPHIRA). 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 OPHIRA?

OPHIRA is located on CHAPEL LANE in HARMSTON, in the LN5 postcode district. The below map shows the position of OPHIRA on CHAPEL LANE.