15, CHESTNUT CLOSE, METHERINGHAM, LINCOLN, LN4 3FB - £100,000

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

15 CHESTNUT CLOSE is a very small semi-detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £125,611. It was last sold for £100,000 in August 2019, which was around 38% below the average August 2019 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

15 CHESTNUT CLOSE Sold Prices

Land registry data shows four sales for 15 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four 15 CHESTNUT CLOSE 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
2019 9 AUG	£100,000	£162,251	38% below HPI
2004 16 FEB	£121,250	£100,311	21% above HPI
2000 8 AUG	£59,500	£49,397	20% above HPI
1999 26 MAR	£57,750	£43,337	33% above HPI

15 CHESTNUT CLOSE 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 four 15 CHESTNUT CLOSE sales between March 1999 and August 2019 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 February 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 15 CHESTNUT CLOSE be worth now?

15 CHESTNUT CLOSE might now be worth an estimated £125,611.

This is based on house price inflation of 25.6%, between August 2019 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 25.6% inflationary increase is applied to the most recent sale price for 15 CHESTNUT CLOSE of £100,000 on 9th August 2019. For the value to have increased from £100,000 to £125,611 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 15 CHESTNUT CLOSE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The August 2019 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHESTNUT CLOSE has not materially changed since August 2019.

How Large is 15 CHESTNUT CLOSE?

15 CHESTNUT CLOSE is 72m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% 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 15 CHESTNUT CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 15 CHESTNUT CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

15 CHESTNUT CLOSE: Plot and Title Map

15 CHESTNUT CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 15 CHESTNUT 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 15 CHESTNUT 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 15 CHESTNUT CLOSE?

15 CHESTNUT CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 15 on CHESTNUT CLOSE.