12, PRINCES STREET, METHERINGHAM, LINCOLN, LN4 3BX - £152,000

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.

12 PRINCES STREET is a small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £235,050. It was last sold for £152,000 in August 2014, which was around 22% below the average August 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

12 PRINCES STREET Sold Prices

Land registry data shows three sales for 12 PRINCES STREET 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 12 PRINCES STREET 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
2014 18 AUG	£152,000	£195,779	22% below HPI
2009 11 DEC	£147,000	£179,137	18% below HPI
2001 12 JUN	£75,000	£83,562	10% below HPI

12 PRINCES STREET 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 12 PRINCES STREET sales between June 2001 and August 2014 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 December 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 12 PRINCES STREET be worth now?

12 PRINCES STREET might now be worth an estimated £235,050.

This is based on house price inflation of 54.6%, between August 2014 and February 2025, 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 54.6% inflationary increase is applied to the most recent sale price for 12 PRINCES STREET of £152,000 on 18th August 2014. For the value to have increased from £152,000 to £235,050 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 12 PRINCES STREET has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2014 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PRINCES STREET has not materially changed since August 2014.

How Large is 12 PRINCES STREET?

12 PRINCES STREET is 81m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% 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 12 PRINCES STREET lies on this distribution: 33% of detached houses houses are smaller than 12 PRINCES STREET, and 64% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

12 PRINCES STREET: Plot and Title Map

12 PRINCES STREET sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 12 PRINCES STREET, 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 12 PRINCES STREET). 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 12 PRINCES STREET?

12 PRINCES STREET is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 12 on PRINCES STREET.