PORTLAND PLACE, CHAPEL LANE, DUNSTON, LINCOLN, LN4 2ET - £178,000

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.

PORTLAND PLACE is a very small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £271,016. It was last sold for £178,000 in May 2015, which was around 10% below the average May 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

PORTLAND PLACE Sold Prices

Land registry data shows two sales for PORTLAND PLACE 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. One of the two PORTLAND PLACE sales was for below the average price, whilst the other was 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
2015 14 MAY	£178,000	£198,842	10% below HPI
2001 17 AUG	£117,000	£85,560	37% above HPI

PORTLAND PLACE 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 PORTLAND PLACE sales from August 2001 and May 2015 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 2001 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2015 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might PORTLAND PLACE be worth now?

PORTLAND PLACE might now be worth an estimated £271,016.

This is based on house price inflation of 52.3%, between May 2015 and February 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 52.3% inflationary increase is applied to the most recent sale price for PORTLAND PLACE of £178,000 on 14th May 2015. For the value to have increased from £178,000 to £271,016 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of PORTLAND PLACE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2015 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of PORTLAND PLACE has not materially changed since May 2015.

How Large is PORTLAND PLACE?

PORTLAND PLACE is 84m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses houses in Dunston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dunston, and where PORTLAND PLACE lies on this distribution: 8% of detached houses houses are smaller than PORTLAND PLACE, and 91% of houses are larger. Note that EPC data is not available for all properties in Dunston.

PORTLAND PLACE: Plot and Title Map

PORTLAND PLACE sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of PORTLAND PLACE, 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 PORTLAND PLACE). 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 PORTLAND PLACE?

PORTLAND PLACE is located on CHAPEL LANE in DUNSTON, in the LN4 postcode district. The below map shows the position of PORTLAND PLACE on CHAPEL LANE.