15, FIELD FARM LANE, METHERINGHAM, LINCOLN, LN4 3AF - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 FIELD FARM LANE is a very large detached house of 185m², built sometime between 1996 and 2002. It was last sold for £305,000 in February 2020, which was around 19% above the average February 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was C.

15 FIELD FARM LANE Sold Prices

Land registry data shows three sales for 15 FIELD FARM LANE 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 15 FIELD FARM LANE 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
2020 14 FEB	£305,000	£257,092	19% above HPI
2005 25 NOV	£240,000	£178,849	34% above HPI
1998 14 DEC	£107,500	£69,993	54% above HPI

15 FIELD FARM LANE 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 15 FIELD FARM LANE sales between December 1998 and February 2020 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 November 2005 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the February 2020 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 15 FIELD FARM LANE?

15 FIELD FARM LANE is 185m² according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 15 FIELD FARM LANE lies on this distribution: 98% of detached houses are smaller than 15 FIELD FARM LANE, and 2% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

15 FIELD FARM LANE: Plot and Title Map

15 FIELD FARM LANE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 15 FIELD FARM LANE, 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 FIELD FARM LANE). 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 FIELD FARM LANE?

15 FIELD FARM LANE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 15 on FIELD FARM LANE.