2A, PRINCES STREET, METHERINGHAM, LINCOLN, LN4 3BX - £175,000

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

2A PRINCES STREET is a large extended semi-detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £274,528. It was last sold for £175,000 in May 2008, which was around 38% above the average May 2008 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

2A PRINCES STREET Sold Prices

Land registry data shows two sales for 2A PRINCES STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 2A PRINCES STREET sales were 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
2008 28 MAY	£175,000	£126,663	38% above HPI
2001 15 JUN	£97,500	£51,582	89% above HPI

2A PRINCES STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 2A PRINCES STREET sales from June 2001 and May 2008 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 2001 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the May 2008 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 2A PRINCES STREET be worth now?

2A PRINCES STREET might now be worth an estimated £274,528.

This is based on house price inflation of 56.9%, between May 2008 and December 2024, for semi-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 56.9% inflationary increase is applied to the most recent sale price for 2A PRINCES STREET of £175,000 on 28th May 2008. For the value to have increased from £175,000 to £274,528 over the fifteen years and five months to December 2024, the following assumptions must hold true:

• The value of 2A PRINCES STREET has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The May 2008 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2A PRINCES STREET has not materially changed since May 2008.

How Large is 2A PRINCES STREET?

2A PRINCES STREET is 116m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of semi-detached houses houses in Metheringham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Metheringham, and where 2A PRINCES STREET lies on this distribution: 78% of semi-detached houses houses are smaller than 2A PRINCES STREET, and 22% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

2A PRINCES STREET: Plot and Title Map

2A PRINCES STREET sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 2A PRINCES STREET, 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 2A PRINCES STREET). 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 2A PRINCES STREET?

2A PRINCES STREET is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 2A on PRINCES STREET.