16, WESLEY CLOSE, METHERINGHAM, LINCOLN, LN4 3UF - £255,000

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

16 WESLEY CLOSE is a midsized extended detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £265,578. It was last sold for £255,000 in November 2021, which was around 10% below the average November 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was C.

16 WESLEY CLOSE Sold Prices

Land registry data shows three sales for 16 WESLEY CLOSE 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 WESLEY CLOSE 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
2021 19 NOV	£255,000	£282,907	10% below HPI
2010 30 SEP	£154,950	£184,538	16% below HPI
2001 6 APR	£71,500	£79,809	10% below HPI

16 WESLEY CLOSE 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 WESLEY CLOSE sales between April 2001 and November 2021 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 September 2010 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 16 WESLEY CLOSE be worth now?

16 WESLEY CLOSE might now be worth an estimated £265,578.

This is based on house price inflation of 4.1%, between November 2021 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 4.1% inflationary increase is applied to the most recent sale price for 16 WESLEY CLOSE of £255,000 on 19th November 2021. For the value to have increased from £255,000 to £265,578 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 16 WESLEY CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WESLEY CLOSE has not materially changed since November 2021.

How Large is 16 WESLEY CLOSE?

16 WESLEY CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% 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 WESLEY CLOSE lies on this distribution: 47% of detached houses houses are smaller than 16 WESLEY CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

16 WESLEY CLOSE: Plot and Title Map

16 WESLEY CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 16 WESLEY 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 16 WESLEY 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 16 WESLEY CLOSE?

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