18, ROMAN CLOSE, METHERINGHAM, LINCOLN, LN4 3HS - £170,000

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

18 ROMAN CLOSE is a large extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £170,000 in July 2020, which was around 35% below the average July 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

18 ROMAN CLOSE Sold Prices

Land registry data shows two sales for 18 ROMAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 18 ROMAN 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
2020 10 JUL	£170,000	£259,619	35% below HPI
1999 17 DEC	£64,000	£72,894	12% below HPI

18 ROMAN 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 two 18 ROMAN CLOSE sales from December 1999 and July 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 December 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 18 ROMAN CLOSE?

18 ROMAN CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 18 ROMAN CLOSE lies on this distribution: 61% of detached houses are smaller than 18 ROMAN CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

18 ROMAN CLOSE: Plot and Title Map

18 ROMAN CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 18 ROMAN 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 18 ROMAN 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 18 ROMAN CLOSE?

18 ROMAN CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 18 on ROMAN CLOSE.