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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

38 KINGS ROAD is a very small detached house of 56m², built sometime between 1976 and 1982. It was last sold for £195,000 in August 2016, which was around 14% 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	£226,354	14% below HPI
2010 28 JUL	£150,000	£184,040	18% below HPI
2006 4 JUL	£162,000	£181,714	11% below HPI
2003 18 AUG	£134,500	£148,282	9% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

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 in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 38 KINGS ROAD lies on this distribution: Less than 1% of detached 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.