6, CHAPEL LANE, LINCOLN, LN1 3AZ - £187,000

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.

6 CHAPEL LANE is a very small terraced house of 56m², built sometime before 1900, which could now be worth an estimated £248,968. It was last sold for £187,000 in October 2017, which was around 57% above the average October 2017 terraced price in the Lincoln local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

6 CHAPEL LANE Sold Prices

Land registry data shows two sales for 6 CHAPEL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. Both of the two 6 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
2017 18 OCT	£187,000	£119,166	57% above HPI
2000 31 AUG	£60,000	£35,490	69% above HPI

6 CHAPEL LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lincoln local authority area over time, sourced from the HPI. The two 6 CHAPEL LANE sales from August 2000 and October 2017 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 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the October 2017 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 6 CHAPEL LANE be worth now?

6 CHAPEL LANE might now be worth an estimated £248,968.

This is based on house price inflation of 33.1%, between October 2017 and June 2025, for terraced houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.1% inflationary increase is applied to the most recent sale price for 6 CHAPEL LANE of £187,000 on 18th October 2017. For the value to have increased from £187,000 to £248,968 over the eight years and four months to June 2025, the following assumptions must hold true:

• The value of 6 CHAPEL LANE has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The October 2017 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CHAPEL LANE has not materially changed since October 2017.

How Large is 6 CHAPEL LANE?

6 CHAPEL LANE is 56m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of terraced houses houses in Lincoln, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lincoln, and where 6 CHAPEL LANE lies on this distribution: 4% of terraced houses houses are smaller than 6 CHAPEL LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

6 CHAPEL LANE: Plot and Title Map

6 CHAPEL LANE sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of 6 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 6 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 6 CHAPEL LANE?

6 CHAPEL LANE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 6 on CHAPEL LANE.