2, FLINDERS CLOSE, METHERINGHAM, LINCOLN, LN4 3ES - £157,500

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

2 FLINDERS CLOSE is a small extended detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £250,041. It was last sold for £157,500 in November 2010, which was around 15% below the average November 2010 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

2 FLINDERS CLOSE Sold Prices

Land registry data shows three sales for 2 FLINDERS 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 2 FLINDERS 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 29 NOV	£157,500	£185,595	15% below HPI
2007 8 MAR	£167,000	£189,955	12% below HPI
2007 20 FEB	£152,600	£187,613	19% below HPI

2 FLINDERS 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 2 FLINDERS CLOSE sales between February 2007 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 March 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2010 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 FLINDERS CLOSE be worth now?

2 FLINDERS CLOSE might now be worth an estimated £250,041.

This is based on house price inflation of 58.8%, between November 2010 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 58.8% inflationary increase is applied to the most recent sale price for 2 FLINDERS CLOSE of £157,500 on 29th November 2010. For the value to have increased from £157,500 to £250,041 over the thirteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 FLINDERS CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The November 2010 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 2 FLINDERS CLOSE has not materially changed since November 2010.

How Large is 2 FLINDERS CLOSE?

2 FLINDERS CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% 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 2 FLINDERS CLOSE lies on this distribution: 28% of detached houses houses are smaller than 2 FLINDERS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

2 FLINDERS CLOSE: Plot and Title Map

2 FLINDERS CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 2 FLINDERS 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 2 FLINDERS 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 2 FLINDERS CLOSE?

2 FLINDERS CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 2 on FLINDERS CLOSE.