1A, CHAPEL LANE, LITTLE HALE, SLEAFORD, NG34 9BE - £313,500

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.

1A CHAPEL LANE is a very large extended detached house of 244m², built sometime between 2003 and 2006, which could now be worth an estimated £503,103. It was last sold for £313,500 in June 2008, which was around 66% above the average June 2008 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was C.

1A CHAPEL LANE Sold Prices

Land registry data shows two sales for 1A 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 North Kesteven local authority area for the corresponding sale date. Both of the two 1A CHAPEL LANE 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
2008 6 JUN	£313,500	£189,264	66% above HPI
2006 8 SEP	£320,000	£185,224	73% above HPI

1A CHAPEL LANE 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 1A CHAPEL LANE sales from September 2006 and June 2008 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 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the June 2008 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 1A CHAPEL LANE be worth now?

1A CHAPEL LANE might now be worth an estimated £503,103.

This is based on house price inflation of 60.5%, between June 2008 and June 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 60.5% inflationary increase is applied to the most recent sale price for 1A CHAPEL LANE of £313,500 on 6th June 2008. For the value to have increased from £313,500 to £503,103 over the seventeen years to June 2025, the following assumptions must hold true:

• The value of 1A CHAPEL LANE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The June 2008 sale price of £313,500 represented a fair market value for the property.
• The size, condition, and specification of 1A CHAPEL LANE has not materially changed since June 2008.

How Large is 1A CHAPEL LANE?

1A CHAPEL LANE is 244m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 20% of detached houses houses in Little Hale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Hale, and where 1A CHAPEL LANE lies on this distribution: 86% of detached houses houses are smaller than 1A CHAPEL LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Little Hale.

1A CHAPEL LANE: Plot and Title Map

1A CHAPEL LANE sits on a plot of roughly 0.310 of an acre, or 1,254m². The below map shows the location of 1A 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 1A 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 1A CHAPEL LANE?

1A CHAPEL LANE is located in LITTLE HALE, in the NG34 postcode district. The below map shows the position of No. 1A on CHAPEL LANE.