4, CHAPLIN CLOSE, METHERINGHAM, LINCOLN, LN4 3HN - £200,000

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

4 CHAPLIN CLOSE is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £200,000 in September 2022, which was around 38% below the average September 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

4 CHAPLIN CLOSE Sold Prices

Land registry data shows three sales for 4 CHAPLIN CLOSE 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 4 CHAPLIN CLOSE 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
2022 1 SEP	£200,000	£322,157	38% below HPI
2002 23 SEP	£92,950	£117,288	21% below HPI
1996 25 OCT	£44,950	£63,162	29% below HPI

4 CHAPLIN CLOSE 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 4 CHAPLIN CLOSE sales between October 1996 and September 2022 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 September 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 4 CHAPLIN CLOSE?

4 CHAPLIN CLOSE is 60m² according to the EPC inspection conducted in July 2018. 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 4 CHAPLIN CLOSE lies on this distribution: 1% of detached houses are smaller than 4 CHAPLIN CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

4 CHAPLIN CLOSE: Plot and Title Map

4 CHAPLIN CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 4 CHAPLIN CLOSE, 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 4 CHAPLIN CLOSE). 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 4 CHAPLIN CLOSE?

4 CHAPLIN CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 4 on CHAPLIN CLOSE.