4, SADDLERS CLOSE, METHERINGHAM, LINCOLN, LN4 3YH - £253,000

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

4 SADDLERS CLOSE is a midsized detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £234,360. It was last sold for £253,000 in September 2022, which was around 20% below the average September 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was A.

4 SADDLERS CLOSE Sold Prices

Land registry data shows three sales for 4 SADDLERS 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 SADDLERS 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	£253,000	£318,077	20% below HPI
2011 1 JUN	£138,000	£179,358	23% below HPI
1996 25 JUN	£59,500	£61,316	3% below HPI

4 SADDLERS 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 SADDLERS CLOSE sales between June 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 June 2011 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 SADDLERS CLOSE be worth now?

4 SADDLERS CLOSE might now be worth an estimated £234,360.

This is based on house price deflation of 7.4%, between September 2022 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 7.4% deflationary decrease is applied to the most recent sale price for 4 SADDLERS CLOSE of £253,000 on 1st September 2022. For the value to have decreased from £253,000 to £234,360 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 4 SADDLERS CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2022 sale price of £253,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SADDLERS CLOSE has not materially changed since September 2022.

How Large is 4 SADDLERS CLOSE?

4 SADDLERS CLOSE is 87m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% 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 4 SADDLERS CLOSE lies on this distribution: 47% of detached houses houses are smaller than 4 SADDLERS CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

4 SADDLERS CLOSE: Plot and Title Map

4 SADDLERS CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 4 SADDLERS 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 SADDLERS 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 SADDLERS CLOSE?

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