THE OLD CHAPEL, CHAPEL LANE, UPPER BROUGHTON, MELTON MOWBRAY, LE14 3BB - £447,500

THE OLD CHAPEL is a small extended detached house of 157m², built sometime between 1996 and 2002. It was last sold for £447,500 in September 2016, which was around 30% above the average September 2016 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

THE OLD CHAPEL Sold Prices

Land registry data shows two sales for THE OLD CHAPEL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. One of the two THE OLD CHAPEL sales was for above the average price, whilst the other was 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
2016 5 SEP	£447,500	£345,535	30% above HPI
2002 15 OCT	£102,000	£199,855	49% below HPI

THE OLD CHAPEL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two THE OLD CHAPEL sales from October 2002 and September 2016 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 October 2002 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2016 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is THE OLD CHAPEL?

THE OLD CHAPEL is 157m², which includes three extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% of detached houses in Upper Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Broughton, and where THE OLD CHAPEL lies on this distribution: 32% of detached houses are smaller than THE OLD CHAPEL, and 68% of houses are larger. Note that EPC data is not available for all properties in Upper Broughton.

THE OLD CHAPEL: Plot and Title Map

THE OLD CHAPEL sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of THE OLD CHAPEL, 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 THE OLD CHAPEL). 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 THE OLD CHAPEL?

THE OLD CHAPEL is located on CHAPEL LANE in UPPER BROUGHTON, in the LE14 postcode district. The below map shows the position of THE OLD CHAPEL on CHAPEL LANE.