16, CAROLINE ROAD, METHERINGHAM, LINCOLN, LN4 3HF - £177,500

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

16 CAROLINE ROAD is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £209,346. It was last sold for £177,500 in September 2018, which was around 29% below the average September 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

16 CAROLINE ROAD Sold Prices

Land registry data shows three sales for 16 CAROLINE ROAD 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 16 CAROLINE ROAD 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
2018 3 SEP	£177,500	£249,822	29% below HPI
2015 6 NOV	£154,000	£209,272	26% below HPI
2005 1 JUN	£123,000	£178,132	31% below HPI

16 CAROLINE ROAD 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 16 CAROLINE ROAD sales between June 2005 and September 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 November 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 16 CAROLINE ROAD be worth now?

16 CAROLINE ROAD might now be worth an estimated £209,346.

This is based on house price inflation of 17.9%, between September 2018 and December 2024, 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 17.9% inflationary increase is applied to the most recent sale price for 16 CAROLINE ROAD of £177,500 on 3rd September 2018. For the value to have increased from £177,500 to £209,346 over the five years and nine months to December 2024, the following assumptions must hold true:

• The value of 16 CAROLINE ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2018 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 16 CAROLINE ROAD has not materially changed since September 2018.

How Large is 16 CAROLINE ROAD?

16 CAROLINE ROAD is 75m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% 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 16 CAROLINE ROAD lies on this distribution: 17% of detached houses houses are smaller than 16 CAROLINE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

16 CAROLINE ROAD: Plot and Title Map

16 CAROLINE ROAD sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 16 CAROLINE ROAD, 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 16 CAROLINE ROAD). 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 16 CAROLINE ROAD?

16 CAROLINE ROAD is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 16 on CAROLINE ROAD.