1, MANOR CLOSE, METHERINGHAM, LINCOLN, LN4 3HG - £243,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MANOR CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £243,500 in April 2022, which was around 19% below the average April 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

1 MANOR CLOSE Sold Prices

Land registry data shows three sales for 1 MANOR CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 1 MANOR 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
2022 19 APR	£243,500	£302,121	19% below HPI
2015 26 AUG	£175,000	£208,390	16% below HPI
2001 31 AUG	£48,000	£86,657	45% below HPI

1 MANOR 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 three 1 MANOR CLOSE sales between August 2001 and April 2022 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 August 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 MANOR CLOSE?

1 MANOR CLOSE is 75m² according to the EPC inspection conducted in October 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 1 MANOR CLOSE lies on this distribution: 17% of detached houses are smaller than 1 MANOR CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

1 MANOR CLOSE: Plot and Title Map

1 MANOR CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 1 MANOR 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 1 MANOR 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 1 MANOR CLOSE?

1 MANOR CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 1 on MANOR CLOSE.