18, SAXON CLOSE, METHERINGHAM, LINCOLN, LN4 3HQ - £40,000

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 SAXON CLOSE is a midsized detached house of 85m², built sometime between 1991 and 1995. It was last sold for £40,000 in November 2010, which was around 79% below the average November 2010 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

18 SAXON CLOSE Sold Prices

Land registry data shows two sales for 18 SAXON 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 SAXON 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
2010 10 NOV	£40,000	£187,976	79% below HPI
2003 28 APR	£30,000	£136,690	78% below HPI

18 SAXON 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 SAXON CLOSE sales from April 2003 and November 2010 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 April 2003 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the November 2010 sale, where it falls to 79% below the HPI. The line then continues to track at 79% below the HPI.

How Large is 18 SAXON CLOSE?

18 SAXON CLOSE is 85m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% 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 SAXON CLOSE lies on this distribution: 44% of detached houses are smaller than 18 SAXON CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

18 SAXON CLOSE: Plot and Title Map

18 SAXON CLOSE sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 18 SAXON 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 SAXON 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 SAXON CLOSE?

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