23, VIKING WAY, METHERINGHAM, LINCOLN, LN4 3DW - £250,000

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

23 VIKING WAY is a midsized extended detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £264,609. It was last sold for £250,000 in September 2021, which was around 10% below the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

23 VIKING WAY Sold Prices

Land registry data shows two sales for 23 VIKING WAY 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 23 VIKING WAY 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
2021 30 SEP	£250,000	£278,376	10% below HPI
2006 3 MAR	£107,500	£171,528	37% below HPI

23 VIKING WAY 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 23 VIKING WAY sales from March 2006 and September 2021 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 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 23 VIKING WAY be worth now?

23 VIKING WAY might now be worth an estimated £264,609.

This is based on house price inflation of 5.8%, between September 2021 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 5.8% inflationary increase is applied to the most recent sale price for 23 VIKING WAY of £250,000 on 30th September 2021. For the value to have increased from £250,000 to £264,609 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 23 VIKING WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 23 VIKING WAY has not materially changed since September 2021.

How Large is 23 VIKING WAY?

23 VIKING WAY is 94m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 50% 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 23 VIKING WAY lies on this distribution: 59% of detached houses houses are smaller than 23 VIKING WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

23 VIKING WAY: Plot and Title Map

23 VIKING WAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 23 VIKING WAY, 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 23 VIKING WAY). 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 23 VIKING WAY?

23 VIKING WAY is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 23 on VIKING WAY.