10, WESLEY CLOSE, METHERINGHAM, LINCOLN, LN4 3UF - £168,000

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

10 WESLEY CLOSE is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £168,000 in March 2016, which was around 23% below the average March 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

10 WESLEY CLOSE Sold Prices

Land registry data shows three sales for 10 WESLEY 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 10 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
2016 31 MAR	£168,000	£216,837	23% below HPI
2006 24 MAR	£152,000	£173,728	13% below HPI
1996 26 APR	£46,500	£58,955	21% below HPI

10 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 three 10 WESLEY CLOSE sales between April 1996 and March 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 March 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 10 WESLEY CLOSE?

10 WESLEY CLOSE is 75m² according to the EPC inspection conducted in September 2015. 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 10 WESLEY CLOSE lies on this distribution: 17% of detached houses are smaller than 10 WESLEY CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

10 WESLEY CLOSE: Plot and Title Map

10 WESLEY CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 10 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 10 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 10 WESLEY CLOSE?

10 WESLEY CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 10 on WESLEY CLOSE.