4, MEADOW CLOSE, SCOTHERN, LINCOLN, LN2 2UN - £306,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 MEADOW CLOSE is a small extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £306,000 in May 2020, which was around 36% above the average May 2020 detached price in the West Lindsey local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

4 MEADOW CLOSE Sold Prices

Land registry data shows four sales for 4 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Lindsey local authority area for the corresponding sale date. two of the four 4 MEADOW CLOSE sales were for above the average price, and four 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 15 MAY	£306,000	£224,348	36% above HPI
2016 7 JUL	£212,000	£199,017	7% above HPI
2012 26 NOV	£152,500	£172,058	11% below HPI
2002 26 MAR	£91,000	£98,976	8% below HPI

4 MEADOW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The four 4 MEADOW CLOSE sales between March 2002 and May 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 2016 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the May 2020 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 4 MEADOW CLOSE?

4 MEADOW CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 30% of detached houses in Scothern, based on EPC data. The below chart shows the distribution of detached houses by size in Scothern, and where 4 MEADOW CLOSE lies on this distribution: 21% of detached houses are smaller than 4 MEADOW CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Scothern.

4 MEADOW CLOSE: Plot and Title Map

4 MEADOW CLOSE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 4 MEADOW 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 MEADOW 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 MEADOW CLOSE?

4 MEADOW CLOSE is located in SCOTHERN, in the LN2 postcode district. The below map shows the position of No. 4 on MEADOW CLOSE.