3, SADDLERS CLOSE, METHERINGHAM, LINCOLN, LN4 3YH - £204,000

3 SADDLERS CLOSE is a small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £204,000 in December 2020, which was around 25% below the average December 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

3 SADDLERS CLOSE Sold Prices

Land registry data shows six sales for 3 SADDLERS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the six 3 SADDLERS 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
2020 11 DEC	£204,000	£271,548	25% below HPI
2014 25 APR	£137,000	£192,004	29% below HPI
2002 28 JUN	£98,000	£105,024	7% below HPI
1999 30 JUL	£55,100	£71,360	23% below HPI
1998 30 DEC	£55,000	£69,993	21% below HPI
1995 25 AUG	£53,950	£62,296	13% below HPI

3 SADDLERS 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 six 3 SADDLERS CLOSE sales between August 1995 and December 2020 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 April 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 SADDLERS CLOSE?

3 SADDLERS CLOSE is 76m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 3 SADDLERS CLOSE lies on this distribution: 24% of detached houses are smaller than 3 SADDLERS CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

3 SADDLERS CLOSE: Plot and Title Map

3 SADDLERS CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 3 SADDLERS 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 3 SADDLERS 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 3 SADDLERS CLOSE?

3 SADDLERS CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 3 on SADDLERS CLOSE.