1A, CHAPEL CLOSE, REEPHAM, LINCOLN, LN3 4EJ - £250,000

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.

1A CHAPEL CLOSE is a very large extended detached house of 377m², built sometime between 2003 and 2006, which could now be worth an estimated £425,996. It was last sold for £250,000 in May 2005, which was around 47% above the average May 2005 detached price in the West Lindsey local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was C.

1A CHAPEL CLOSE Sold Prices

Land registry data shows one sale for 1A CHAPEL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 6 MAY	£250,000	£169,757	47% above HPI

What might 1A CHAPEL CLOSE be worth now?

1A CHAPEL CLOSE might now be worth an estimated £425,996.

This is based on house price inflation of 70.4%, between May 2005 and April 2026, for detached houses, in the West Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.4% inflationary increase is applied to the most recent sale price for 1A CHAPEL CLOSE of £250,000 on 6th May 2005. For the value to have increased from £250,000 to £425,996 over the 21 years and one month to April 2026, the following assumptions must hold true:

• The value of 1A CHAPEL CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The May 2005 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1A CHAPEL CLOSE has not materially changed since May 2005.

How Large is 1A CHAPEL CLOSE?

1A CHAPEL CLOSE is 377m², which includes four extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where 1A CHAPEL CLOSE lies on this distribution: More than 99% of detached houses are smaller than 1A CHAPEL CLOSE, and less than 1% of detached houses are larger. Note that EPC data is not available for all properties in Reepham.

1A CHAPEL CLOSE: Plot

1A CHAPEL CLOSE sits on a plot of roughly 0.310 of an acre, or 1,256m².

Where is 1A CHAPEL CLOSE?

1A CHAPEL CLOSE is located in REEPHAM, in the LN3 postcode district.