25, CHAPEL LANE, WELTON, LINCOLN, LN2 3JW - £302,000

25 CHAPEL LANE is a midsized detached house of 110m², built sometime between 1976 and 1982. It was last sold for £302,000 in January 2021, which was around 26% above the average January 2021 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

25 CHAPEL LANE Sold Prices

Land registry data shows two sales for 25 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 West Lindsey local authority area for the corresponding sale date. Both of the two 25 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
2021 8 JAN	£302,000	£239,646	26% above HPI
2018 14 FEB	£310,000	£216,492	43% above HPI

25 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two 25 CHAPEL LANE sales from February 2018 and January 2021 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 February 2018 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the January 2021 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 25 CHAPEL LANE?

25 CHAPEL LANE is 110m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses in Welton, based on EPC data. The below chart shows the distribution of detached houses by size in Welton, and where 25 CHAPEL LANE lies on this distribution: 46% of detached houses are smaller than 25 CHAPEL LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Welton.

25 CHAPEL LANE: Plot and Title Map

25 CHAPEL LANE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 25 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 25 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 25 CHAPEL LANE?

25 CHAPEL LANE is located in WELTON, in the LN2 postcode district. The below map shows the position of No. 25 on CHAPEL LANE.