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

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

10 WESLEY CLOSE is a very small detached house of 75m², built sometime between 1976 and 1982, which could now be worth an estimated £231,210. It was last sold for £168,000 in March 2016, which was around 22% 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	£214,091	22% below HPI
2006 24 MAR	£152,000	£171,528	11% below HPI
1996 26 APR	£46,500	£58,209	20% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 10 WESLEY CLOSE be worth now?

10 WESLEY CLOSE might now be worth an estimated £231,210.

This is based on house price inflation of 37.6%, between March 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 37.6% inflationary increase is applied to the most recent sale price for 10 WESLEY CLOSE of £168,000 on 31st March 2016. For the value to have increased from £168,000 to £231,210 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 10 WESLEY CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The March 2016 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 10 WESLEY CLOSE has not materially changed since March 2016.

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 houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Metheringham, and where 10 WESLEY CLOSE lies on this distribution: 17% of detached houses houses are smaller than 10 WESLEY CLOSE, and 78% 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.