24, HIGHFIELDS RISE, METHERINGHAM, LINCOLN, LN4 3DD - £145,000

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

24 HIGHFIELDS RISE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £227,771. It was last sold for £145,000 in October 2006, which was around 23% below the average October 2006 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

24 HIGHFIELDS RISE Sold Prices

Land registry data shows two sales for 24 HIGHFIELDS RISE 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 24 HIGHFIELDS RISE 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
2006 25 OCT	£145,000	£187,571	23% below HPI
1998 2 OCT	£56,000	£68,046	18% below HPI

24 HIGHFIELDS RISE 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 24 HIGHFIELDS RISE sales from October 1998 and October 2006 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 October 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2006 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 24 HIGHFIELDS RISE be worth now?

24 HIGHFIELDS RISE might now be worth an estimated £227,771.

This is based on house price inflation of 57.1%, between October 2006 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 57.1% inflationary increase is applied to the most recent sale price for 24 HIGHFIELDS RISE of £145,000 on 25th October 2006. For the value to have increased from £145,000 to £227,771 over the seventeen years and ten months to December 2024, the following assumptions must hold true:

• The value of 24 HIGHFIELDS RISE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2006 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 24 HIGHFIELDS RISE has not materially changed since October 2006.

How Large is 24 HIGHFIELDS RISE?

24 HIGHFIELDS RISE is 74m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 20% 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 24 HIGHFIELDS RISE lies on this distribution: 14% of detached houses houses are smaller than 24 HIGHFIELDS RISE, and 84% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

24 HIGHFIELDS RISE: Plot and Title Map

24 HIGHFIELDS RISE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 24 HIGHFIELDS RISE, 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 24 HIGHFIELDS RISE). 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 24 HIGHFIELDS RISE?

24 HIGHFIELDS RISE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 24 on HIGHFIELDS RISE.