34A, TOWNSEND WAY, METHERINGHAM, LINCOLN, LN4 3GB - £133,000

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

34A TOWNSEND WAY is a very small detached house of 50m², built sometime between 2003 and 2006, which could now be worth an estimated £159,658. It was last sold for £133,000 in April 2020, which was around 46% below the average April 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was A.

34A TOWNSEND WAY Sold Prices

Land registry data shows four sales for 34A TOWNSEND WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 34A TOWNSEND 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
2020 3 APR	£133,000	£245,446	46% below HPI
2017 25 JUL	£112,000	£234,913	52% below HPI
2010 15 NOV	£112,000	£185,595	40% below HPI
2005 12 AUG	£100,000	£178,974	44% below HPI

34A 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 four 34A TOWNSEND WAY sales between August 2005 and April 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 July 2017 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the April 2020 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 34A TOWNSEND WAY be worth now?

34A TOWNSEND WAY might now be worth an estimated £159,658.

This is based on house price inflation of 20%, between April 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 20% inflationary increase is applied to the most recent sale price for 34A TOWNSEND WAY of £133,000 on 3rd April 2020. For the value to have increased from £133,000 to £159,658 over the three years and four months to December 2024, the following assumptions must hold true:

• The value of 34A TOWNSEND WAY has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The April 2020 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of 34A TOWNSEND WAY has not materially changed since April 2020.

How Large is 34A TOWNSEND WAY?

34A TOWNSEND WAY is 50m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% 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 34A TOWNSEND WAY lies on this distribution: Less than 1% of detached houses houses are smaller than 34A TOWNSEND WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

34A TOWNSEND WAY: Plot and Title Map

34A TOWNSEND WAY sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 34A 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 34A 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 34A TOWNSEND WAY?

34A TOWNSEND WAY is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 34A on TOWNSEND WAY.