30, TOWNSEND WAY, METHERINGHAM, LINCOLN, LN4 3GB - £355,000

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

30 TOWNSEND WAY is a very large extended detached house of 155m², built sometime between 2003 and 2006. It was last sold for £355,000 in March 2021, which was around 30% above the average March 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

30 TOWNSEND WAY Sold Prices

Land registry data shows two sales for 30 TOWNSEND WAY 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 30 TOWNSEND WAY 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
2021 5 MAR	£355,000	£272,889	30% above HPI
2005 28 OCT	£245,000	£179,302	37% above HPI

30 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 two 30 TOWNSEND WAY sales from October 2005 and March 2021 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 2005 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2021 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 30 TOWNSEND WAY?

30 TOWNSEND WAY is 155m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 30 TOWNSEND WAY lies on this distribution: 94% of detached houses are smaller than 30 TOWNSEND WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

30 TOWNSEND WAY: Plot and Title Map

30 TOWNSEND WAY sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 30 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 30 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 30 TOWNSEND WAY?

30 TOWNSEND WAY is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 30 on TOWNSEND WAY.