3, SADDLERS CLOSE, METHERINGHAM, LINCOLN, LN4 3YH - £204,000

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

3 SADDLERS CLOSE is a small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £224,189. It was last sold for £204,000 in December 2020, which was around 24% below the average December 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

3 SADDLERS CLOSE Sold Prices

Land registry data shows six sales for 3 SADDLERS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the six 3 SADDLERS CLOSE 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
2020 11 DEC	£204,000	£268,109	24% below HPI
2014 25 APR	£137,000	£189,573	28% below HPI
2002 28 JUN	£98,000	£103,693	5% below HPI
1999 30 JUL	£55,100	£70,457	22% below HPI
1998 30 DEC	£55,000	£69,106	20% below HPI
1995 25 AUG	£53,950	£61,507	12% below HPI

3 SADDLERS CLOSE 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 six 3 SADDLERS CLOSE sales between August 1995 and December 2020 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 April 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 3 SADDLERS CLOSE be worth now?

3 SADDLERS CLOSE might now be worth an estimated £224,189.

This is based on house price inflation of 9.9%, between December 2020 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 9.9% inflationary increase is applied to the most recent sale price for 3 SADDLERS CLOSE of £204,000 on 11th December 2020. For the value to have increased from £204,000 to £224,189 over the four years to December 2024, the following assumptions must hold true:

• The value of 3 SADDLERS CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2020 sale price of £204,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SADDLERS CLOSE has not materially changed since December 2020.

How Large is 3 SADDLERS CLOSE?

3 SADDLERS CLOSE is 76m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% 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 3 SADDLERS CLOSE lies on this distribution: 23% of detached houses houses are smaller than 3 SADDLERS CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

3 SADDLERS CLOSE: Plot and Title Map

3 SADDLERS CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 3 SADDLERS CLOSE, 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 3 SADDLERS CLOSE). 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 3 SADDLERS CLOSE?

3 SADDLERS CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 3 on SADDLERS CLOSE.