WESLEYAN CHAPEL, BLIND LANE, COLEBY, LINCOLN, LN5 0AL - £237,500

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.

WESLEYAN CHAPEL is a midsized detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £402,747. It was last sold for £237,500 in March 2011, which was around 33% above the average March 2011 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was A.

WESLEYAN CHAPEL Sold Prices

Land registry data shows two sales for WESLEYAN CHAPEL 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 WESLEYAN CHAPEL 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
2011 9 MAR	£237,500	£178,531	33% above HPI
2006 8 SEP	£249,950	£185,224	35% above HPI

WESLEYAN CHAPEL 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 WESLEYAN CHAPEL sales from September 2006 and March 2011 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 September 2006 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2011 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might WESLEYAN CHAPEL be worth now?

WESLEYAN CHAPEL might now be worth an estimated £402,747.

This is based on house price inflation of 69.6%, between March 2011 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 69.6% inflationary increase is applied to the most recent sale price for WESLEYAN CHAPEL of £237,500 on 9th March 2011. For the value to have increased from £237,500 to £402,747 over the fourteen years and one month to February 2025, the following assumptions must hold true:

• The value of WESLEYAN CHAPEL has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2011 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of WESLEYAN CHAPEL has not materially changed since March 2011.

How Large is WESLEYAN CHAPEL?

WESLEYAN CHAPEL is 145m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% of detached houses houses in Coleby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coleby, and where WESLEYAN CHAPEL lies on this distribution: 44% of detached houses houses are smaller than WESLEYAN CHAPEL, and 56% of houses are larger. Note that EPC data is not available for all properties in Coleby.

WESLEYAN CHAPEL: Plot and Title Map

WESLEYAN CHAPEL sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of WESLEYAN CHAPEL, 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 WESLEYAN CHAPEL). 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 WESLEYAN CHAPEL?

WESLEYAN CHAPEL is located on BLIND LANE in COLEBY, in the LN5 postcode district. The below map shows the position of WESLEYAN CHAPEL on BLIND LANE.