38, KINGS ROAD, METHERINGHAM, LINCOLN, LN4 3HT - £195,000

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

38 KINGS ROAD is a very small detached house of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £257,086. It was last sold for £195,000 in August 2016, which was around 13% below the average August 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

38 KINGS ROAD Sold Prices

Land registry data shows four sales for 38 KINGS ROAD 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 38 KINGS ROAD 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
2016 12 AUG	£195,000	£223,487	13% below HPI
2010 28 JUL	£150,000	£181,709	17% below HPI
2006 4 JUL	£162,000	£179,413	10% below HPI
2003 18 AUG	£134,500	£146,404	8% below HPI

38 KINGS ROAD 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 38 KINGS ROAD sales between August 2003 and August 2016 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 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 38 KINGS ROAD be worth now?

38 KINGS ROAD might now be worth an estimated £257,086.

This is based on house price inflation of 31.8%, between August 2016 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 31.8% inflationary increase is applied to the most recent sale price for 38 KINGS ROAD of £195,000 on 12th August 2016. For the value to have increased from £195,000 to £257,086 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 38 KINGS ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The August 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 38 KINGS ROAD has not materially changed since August 2016.

How Large is 38 KINGS ROAD?

38 KINGS ROAD is 56m² according to the EPC inspection conducted in August 2009. 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 38 KINGS ROAD lies on this distribution: Less than 1% of detached houses houses are smaller than 38 KINGS ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

38 KINGS ROAD: Plot and Title Map

38 KINGS ROAD sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 38 KINGS ROAD, 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 38 KINGS ROAD). 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 38 KINGS ROAD?

38 KINGS ROAD is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 38 on KINGS ROAD.