11, THE CHASE, METHERINGHAM, LINCOLN, LN4 3YT - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 THE CHASE is a midsized semi-detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £210,356. It was last sold for £160,000 in February 2018, which was around 3% above the average February 2018 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

11 THE CHASE Sold Prices

Land registry data shows five sales for 11 THE CHASE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 11 THE CHASE sales were for above 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
2018 7 FEB	£160,000	£155,017	3% above HPI
2013 5 JUL	£125,000	£121,327	3% above HPI
2010 9 AUG	£127,000	£119,258	6% above HPI
2005 22 JUN	£123,000	£118,195	4% above HPI
2001 28 FEB	£57,000	£49,348	16% above HPI

11 THE CHASE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The five 11 THE CHASE sales between February 2001 and February 2018 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 July 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2018 sale, which was also at 3% above the HPI.

What might 11 THE CHASE be worth now?

11 THE CHASE might now be worth an estimated £210,356.

This is based on house price inflation of 31.5%, between February 2018 and February 2025, for semi-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 31.5% inflationary increase is applied to the most recent sale price for 11 THE CHASE of £160,000 on 7th February 2018. For the value to have increased from £160,000 to £210,356 over the seven years to February 2025, the following assumptions must hold true:

• The value of 11 THE CHASE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The February 2018 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 11 THE CHASE has not materially changed since February 2018.

How Large is 11 THE CHASE?

11 THE CHASE is 84m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 50% of semi-detached houses houses in Metheringham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Metheringham, and where 11 THE CHASE lies on this distribution: 42% of semi-detached houses houses are smaller than 11 THE CHASE, and 57% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

11 THE CHASE: Plot and Title Map

11 THE CHASE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 11 THE CHASE, 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 11 THE CHASE). 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 11 THE CHASE?

11 THE CHASE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 11 on THE CHASE.