9, CHAPEL CLOSE, REEPHAM, LINCOLN, LN3 4EJ - £215,000

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.

9 CHAPEL CLOSE is a detached house, which could now be worth an estimated £317,180. It was last sold for £215,000 in July 2007, which was around 11% above the average July 2007 detached price in the West Lindsey local authority area.

9 CHAPEL CLOSE Sold Prices

Land registry data shows two sales for 9 CHAPEL CLOSE 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 9 CHAPEL CLOSE 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
2007 30 JUL	£215,000	£193,500	11% above HPI
2002 5 APR	£127,500	£99,607	28% above HPI

What might 9 CHAPEL CLOSE be worth now?

9 CHAPEL CLOSE might now be worth an estimated £317,180.

This is based on house price inflation of 47.5%, between July 2007 and May 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 47.5% inflationary increase is applied to the most recent sale price for 9 CHAPEL CLOSE of £215,000 on 30th July 2007. For the value to have increased from £215,000 to £317,180 over the nineteen years and two months to May 2026, the following assumptions must hold true:

• The value of 9 CHAPEL CLOSE has moved in line with the HPI for detached houses in the West Lindsey local authority area.
• The July 2007 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHAPEL CLOSE has not materially changed since July 2007.

Where is 9 CHAPEL CLOSE?

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