22, KINGS ROAD, METHERINGHAM, LINCOLN, LN4 3HT - £130,000

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

22 KINGS ROAD is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £130,000 in February 2009, which was around 21% below the average February 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

22 KINGS ROAD Sold Prices

Land registry data shows three sales for 22 KINGS ROAD 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 22 KINGS ROAD 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
2009 26 FEB	£130,000	£164,170	21% below HPI
2004 2 SEP	£130,500	£168,856	23% below HPI
1999 26 APR	£55,000	£69,804	21% below HPI

22 KINGS ROAD 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 22 KINGS ROAD sales between April 1999 and February 2009 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 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2009 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 22 KINGS ROAD?

22 KINGS ROAD is 75m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 22 KINGS ROAD lies on this distribution: 17% of detached houses are smaller than 22 KINGS ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

22 KINGS ROAD: Plot and Title Map

22 KINGS ROAD sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 22 KINGS ROAD, 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 22 KINGS ROAD). 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 22 KINGS ROAD?

22 KINGS ROAD is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 22 on KINGS ROAD.