2, WESLEY CLOSE, METHERINGHAM, LINCOLN, LN4 3UF - £215,000

2 WESLEY CLOSE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £215,000 in June 2021, which was around 22% below the average June 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

2 WESLEY CLOSE Sold Prices

Land registry data shows five sales for 2 WESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 2 WESLEY CLOSE 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
2021 11 JUN	£215,000	£275,516	22% below HPI
2018 20 MAR	£175,000	£238,220	27% below HPI
2009 7 DEC	£150,000	£181,435	17% below HPI
2004 18 OCT	£144,000	£170,125	15% below HPI
2001 16 NOV	£71,000	£92,321	23% below HPI

2 WESLEY CLOSE 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 five 2 WESLEY CLOSE sales between November 2001 and June 2021 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 March 2018 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 WESLEY CLOSE?

2 WESLEY CLOSE is 71m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 2 WESLEY CLOSE lies on this distribution: 10% of detached houses are smaller than 2 WESLEY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

2 WESLEY CLOSE: Plot and Title Map

2 WESLEY CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 2 WESLEY CLOSE, 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 2 WESLEY CLOSE). 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 2 WESLEY CLOSE?

2 WESLEY CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 2 on WESLEY CLOSE.