1, NORMAN CRESCENT, METHERINGHAM, LINCOLN, LN4 3DN - £164,950

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 NORMAN CRESCENT is a very small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £226,324. It was last sold for £164,950 in May 2016, which was around 23% below the average May 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

1 NORMAN CRESCENT Sold Prices

Land registry data shows four sales for 1 NORMAN CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 1 NORMAN CRESCENT 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
2016 6 MAY	£164,950	£214,742	23% below HPI
2014 11 APR	£149,950	£189,573	21% below HPI
2006 9 FEB	£126,500	£172,313	27% below HPI
1995 25 OCT	£50,000	£62,052	19% below HPI

1 NORMAN CRESCENT 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 four 1 NORMAN CRESCENT sales between October 1995 and May 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 April 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 1 NORMAN CRESCENT be worth now?

1 NORMAN CRESCENT might now be worth an estimated £226,324.

This is based on house price inflation of 37.2%, between May 2016 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 37.2% inflationary increase is applied to the most recent sale price for 1 NORMAN CRESCENT of £164,950 on 6th May 2016. For the value to have increased from £164,950 to £226,324 over the seven years and five months to December 2024, the following assumptions must hold true:

• The value of 1 NORMAN CRESCENT has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2016 sale price of £164,950 represented a fair market value for the property.
• The size, condition, and specification of 1 NORMAN CRESCENT has not materially changed since May 2016.

How Large is 1 NORMAN CRESCENT?

1 NORMAN CRESCENT is 75m² according to the EPC inspection conducted in January 2014. 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 NORMAN CRESCENT lies on this distribution: 17% of detached houses houses are smaller than 1 NORMAN CRESCENT, and 78% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

1 NORMAN CRESCENT: Plot and Title Map

1 NORMAN CRESCENT sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 1 NORMAN CRESCENT, 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 NORMAN CRESCENT). 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 NORMAN CRESCENT?

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