7, CHAPEL WAY, BRIGG, DN20 8EB - £185,000

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.

7 CHAPEL WAY is a midsized detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £231,048. It was last sold for £185,000 in September 2018, which was around 7% below the average September 2018 detached price in the North Lincolnshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was C.

7 CHAPEL WAY Sold Prices

Land registry data shows two sales for 7 CHAPEL WAY 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 Lincolnshire local authority area for the corresponding sale date. Both of the two 7 CHAPEL WAY 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
2018 14 SEP	£185,000	£199,794	7% below HPI
2002 8 FEB	£68,000	£78,422	13% below HPI

7 CHAPEL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Lincolnshire local authority area over time, sourced from the HPI. The two 7 CHAPEL WAY sales from February 2002 and September 2018 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 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 7 CHAPEL WAY be worth now?

7 CHAPEL WAY might now be worth an estimated £231,048.

This is based on house price inflation of 24.9%, between September 2018 and March 2025, for detached houses, in the North Lincolnshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for 7 CHAPEL WAY of £185,000 on 14th September 2018. For the value to have increased from £185,000 to £231,048 over the seven years and six months to March 2025, the following assumptions must hold true:

• The value of 7 CHAPEL WAY has moved in line with the HPI for detached houses in the North Lincolnshire local authority area.
• The September 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHAPEL WAY has not materially changed since September 2018.

How Large is 7 CHAPEL WAY?

7 CHAPEL WAY is 103m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% of detached houses houses in Brigg, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brigg, and where 7 CHAPEL WAY lies on this distribution: 41% of detached houses houses are smaller than 7 CHAPEL WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Brigg.

7 CHAPEL WAY: Plot and Title Map

7 CHAPEL WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 7 CHAPEL WAY, 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 7 CHAPEL WAY). 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 7 CHAPEL WAY?

7 CHAPEL WAY is located in BRIGG, in the DN20 postcode district. The below map shows the position of No. 7 on CHAPEL WAY.