16A, CHAPEL LANE, LINCOLN, LN1 3AZ - £104,950

16A CHAPEL LANE is a very small detached house of 44m², built sometime between 1983 and 1990. It was last sold for £104,950 in November 2003, which was around 33% below the average November 2003 detached price in the Lincoln local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.

16A CHAPEL LANE Sold Prices

Land registry data shows two sales for 16A CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 16A CHAPEL LANE 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
2003 24 NOV	£104,950	£156,293	33% below HPI
2000 31 AUG	£45,000	£78,016	42% below HPI

16A CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 16A CHAPEL LANE sales from August 2000 and November 2003 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 August 2000 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2003 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 16A CHAPEL LANE?

16A CHAPEL LANE is 44m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 16A CHAPEL LANE lies on this distribution: Less than 1% of detached houses are smaller than 16A CHAPEL LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

16A CHAPEL LANE: Plot and Title Map

16A CHAPEL LANE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 16A CHAPEL LANE, 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 16A CHAPEL LANE). 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 16A CHAPEL LANE?

16A CHAPEL LANE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 16A on CHAPEL LANE.