10, CHAPEL CLOSE, REEPHAM, LINCOLN, LN3 4EJ - £210,000

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.

10 CHAPEL CLOSE is a small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £261,984. It was last sold for £210,000 in October 2018, which was around 8% below the average October 2018 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

10 CHAPEL CLOSE Sold Prices

Land registry data shows one sale for 10 CHAPEL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 5 OCT	£210,000	£228,819	8% below HPI

What might 10 CHAPEL CLOSE be worth now?

10 CHAPEL CLOSE might now be worth an estimated £261,984.

This is based on house price inflation of 24.8%, between October 2018 and May 2026, 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 24.8% inflationary increase is applied to the most recent sale price for 10 CHAPEL CLOSE of £210,000 on 5th October 2018. For the value to have increased from £210,000 to £261,984 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 10 CHAPEL CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The October 2018 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 10 CHAPEL CLOSE has not materially changed since October 2018.

How Large is 10 CHAPEL CLOSE?

10 CHAPEL CLOSE is 86m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 10 CHAPEL CLOSE lies on this distribution: 22% of detached houses are smaller than 10 CHAPEL CLOSE, and 78% of detached houses are larger. Note that EPC data is not available for all properties in Reepham.

10 CHAPEL CLOSE: Plot

10 CHAPEL CLOSE sits on a plot of roughly 0.155 of an acre, or 627m².

Where is 10 CHAPEL CLOSE?

10 CHAPEL CLOSE is located in REEPHAM, in the LN3 postcode district.