12, THE CHASE, METHERINGHAM, LINCOLN, LN4 3YT - £204,000

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

12 THE CHASE is a very small semi-detached house of 66m², built sometime between 2003 and 2006, which could now be worth an estimated £214,902. It was last sold for £204,000 in June 2024, which was around 5% above the average June 2024 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

12 THE CHASE Sold Prices

Land registry data shows seven sales for 12 THE CHASE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. The seven 12 THE CHASE sales were a mix of above the average price, roughly equal to the average price, and 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
2024 21 JUN	£204,000	£193,466	5% above HPI
2015 13 JAN	£126,500	£130,609	3% below HPI
2012 29 JUN	£120,000	£118,023	2% above HPI
2009 15 MAY	£113,500	£113,424	Close to HPI
2008 16 DEC	£125,000	£113,460	10% above HPI
2004 30 JUL	£118,000	£109,619	8% above HPI
2000 15 DEC	£53,500	£48,859	9% above HPI

12 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 seven 12 THE CHASE sales between December 2000 and June 2024 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 January 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2024 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 12 THE CHASE be worth now?

12 THE CHASE might now be worth an estimated £214,902.

This is based on house price inflation of 5.3%, between June 2024 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 5.3% inflationary increase is applied to the most recent sale price for 12 THE CHASE of £204,000 on 21st June 2024. For the value to have increased from £204,000 to £214,902 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 12 THE CHASE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The June 2024 sale price of £204,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE CHASE has not materially changed since June 2024.

How Large is 12 THE CHASE?

12 THE CHASE is 66m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 10% 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 12 THE CHASE lies on this distribution: 6% of semi-detached houses houses are smaller than 12 THE CHASE, and 93% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

12 THE CHASE: Plot and Title Map

12 THE CHASE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 12 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 12 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 12 THE CHASE?

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