28, TOWNSEND WAY, METHERINGHAM, LINCOLN, LN4 3GB - £180,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 TOWNSEND WAY is a large detached house of 106m², built sometime between 2003 and 2006. It was last sold for £180,000 in August 2013, which was around 3% below the average August 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

28 TOWNSEND WAY Sold Prices

Land registry data shows three sales for 28 TOWNSEND WAY 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. Two of the three 28 TOWNSEND WAY sales were for below the average price, whilst one was for above 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
2013 1 AUG	£180,000	£185,838	3% below HPI
2008 26 JUN	£189,000	£191,692	1% below HPI
2004 19 NOV	£173,200	£170,385	2% above HPI

28 TOWNSEND 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 three 28 TOWNSEND WAY sales between November 2004 and August 2013 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 June 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2013 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 28 TOWNSEND WAY?

28 TOWNSEND WAY is 106m² according to the EPC inspection conducted in July 2011. This puts it in the largest 40% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 28 TOWNSEND WAY lies on this distribution: 69% of detached houses are smaller than 28 TOWNSEND WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

28 TOWNSEND WAY: Plot and Title Map

28 TOWNSEND WAY sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 28 TOWNSEND 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 28 TOWNSEND 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 28 TOWNSEND WAY?

28 TOWNSEND WAY is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 28 on TOWNSEND WAY.