24, LIME TREE AVENUE, METHERINGHAM, LINCOLN, LN4 3AB - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 LIME TREE AVENUE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £192,099. It was last sold for £160,000 in October 2018, which was around 37% below the average October 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

24 LIME TREE AVENUE Sold Prices

Land registry data shows four sales for 24 LIME TREE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 24 LIME TREE AVENUE 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
2018 4 OCT	£160,000	£252,161	37% below HPI
2006 28 JUL	£124,000	£179,413	31% below HPI
2003 28 FEB	£77,000	£130,146	41% below HPI
1996 22 NOV	£34,500	£62,655	45% below HPI

24 LIME TREE AVENUE 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 four 24 LIME TREE AVENUE sales between November 1996 and October 2018 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 July 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 24 LIME TREE AVENUE be worth now?

24 LIME TREE AVENUE might now be worth an estimated £192,099.

This is based on house price inflation of 20.1%, between October 2018 and February 2025, 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 20.1% inflationary increase is applied to the most recent sale price for 24 LIME TREE AVENUE of £160,000 on 4th October 2018. For the value to have increased from £160,000 to £192,099 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 LIME TREE AVENUE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2018 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LIME TREE AVENUE has not materially changed since October 2018.

How Large is 24 LIME TREE AVENUE?

24 LIME TREE AVENUE is 64m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% 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 LIME TREE AVENUE lies on this distribution: 5% of detached houses houses are smaller than 24 LIME TREE AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

24 LIME TREE AVENUE: Plot and Title Map

24 LIME TREE AVENUE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 24 LIME TREE AVENUE, 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 LIME TREE AVENUE). 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 LIME TREE AVENUE?

24 LIME TREE AVENUE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 24 on LIME TREE AVENUE.