24, CHAPEL LANE, THURLBY, BOURNE, PE10 0EW - £248,500

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.

24 CHAPEL LANE is a midsized detached house of 134m², built sometime between 1983 and 1990, which could now be worth an estimated £432,219. It was last sold for £248,500 in November 2004, which was around 19% above the average November 2004 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

24 CHAPEL LANE Sold Prices

Land registry data shows three sales for 24 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 24 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
2004 1 NOV	£248,500	£209,657	19% above HPI
2003 29 OCT	£193,000	£182,258	6% above HPI
1996 22 NOV	£87,500	£72,571	21% above HPI

24 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 24 CHAPEL LANE sales between November 1996 and November 2004 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 October 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2004 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 24 CHAPEL LANE be worth now?

24 CHAPEL LANE might now be worth an estimated £432,219.

This is based on house price inflation of 73.9%, between November 2004 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.9% inflationary increase is applied to the most recent sale price for 24 CHAPEL LANE of £248,500 on 1st November 2004. For the value to have increased from £248,500 to £432,219 over the 21 years and nine months to February 2025, the following assumptions must hold true:

• The value of 24 CHAPEL LANE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2004 sale price of £248,500 represented a fair market value for the property.
• The size, condition, and specification of 24 CHAPEL LANE has not materially changed since November 2004.

How Large is 24 CHAPEL LANE?

24 CHAPEL LANE is 134m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses houses in Thurlby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurlby, and where 24 CHAPEL LANE lies on this distribution: 40% of detached houses houses are smaller than 24 CHAPEL LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Thurlby.

24 CHAPEL LANE: Plot and Title Map

24 CHAPEL LANE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 24 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 24 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 24 CHAPEL LANE?

24 CHAPEL LANE is located in THURLBY, in the PE10 postcode district. The below map shows the position of No. 24 on CHAPEL LANE.