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

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

2 FLINDERS CLOSE is a small extended detached house of 78m², built sometime between 1976 and 1982. It was last sold for £157,500 in November 2010, which was around 16% 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	£187,976	16% below HPI
2007 8 MAR	£167,000	£192,392	13% below HPI
2007 20 FEB	£152,600	£190,020	20% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2010 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

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 in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 2 FLINDERS CLOSE lies on this distribution: 29% of detached houses are smaller than 2 FLINDERS CLOSE, and 69% 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.