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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MANOR CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £240,519. It was last sold for £243,500 in April 2022, which was around 18% 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	£298,295	18% below HPI
2015 26 AUG	£175,000	£205,751	15% below HPI
2001 31 AUG	£48,000	£85,560	44% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 MANOR CLOSE be worth now?

1 MANOR CLOSE might now be worth an estimated £240,519.

This is based on house price deflation of 1.2%, between April 2022 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% deflationary decrease is applied to the most recent sale price for 1 MANOR CLOSE of £243,500 on 19th April 2022. For the value to have decreased from £243,500 to £240,519 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 1 MANOR CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2022 sale price of £243,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MANOR CLOSE has not materially changed since April 2022.

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 houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Metheringham, and where 1 MANOR CLOSE lies on this distribution: 17% of detached houses houses are smaller than 1 MANOR CLOSE, and 78% 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.