33, LONDESBOROUGH WAY, METHERINGHAM, LINCOLN, LN4 3HW - £190,000

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.

33 LONDESBOROUGH WAY is a very small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £196,132. It was last sold for £190,000 in May 2024, which was around 35% below the average May 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was B.

33 LONDESBOROUGH WAY Sold Prices

Land registry data shows three sales for 33 LONDESBOROUGH 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. All of the three 33 LONDESBOROUGH WAY 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
2024 22 MAY	£190,000	£293,284	35% below HPI
2005 12 MAY	£141,000	£176,615	20% below HPI
1997 8 AUG	£51,500	£65,686	22% below HPI

33 LONDESBOROUGH 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 33 LONDESBOROUGH WAY sales between August 1997 and May 2024 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 May 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 33 LONDESBOROUGH WAY be worth now?

33 LONDESBOROUGH WAY might now be worth an estimated £196,132.

This is based on house price inflation of 3.2%, between May 2024 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 3.2% inflationary increase is applied to the most recent sale price for 33 LONDESBOROUGH WAY of £190,000 on 22nd May 2024. For the value to have increased from £190,000 to £196,132 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 33 LONDESBOROUGH WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2024 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 33 LONDESBOROUGH WAY has not materially changed since May 2024.

How Large is 33 LONDESBOROUGH WAY?

33 LONDESBOROUGH WAY is 75m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% 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 33 LONDESBOROUGH WAY lies on this distribution: 17% of detached houses houses are smaller than 33 LONDESBOROUGH WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

33 LONDESBOROUGH WAY: Plot and Title Map

33 LONDESBOROUGH WAY sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 33 LONDESBOROUGH 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 33 LONDESBOROUGH 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 33 LONDESBOROUGH WAY?

33 LONDESBOROUGH WAY is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 33 on LONDESBOROUGH WAY.