40, CAROLINE ROAD, METHERINGHAM, LINCOLN, LN4 3HF - £122,000

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

40 CAROLINE ROAD is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £122,000 in August 2013, which was around 34% below the average August 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

40 CAROLINE ROAD Sold Prices

Land registry data shows two sales for 40 CAROLINE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 40 CAROLINE 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
2013 14 AUG	£122,000	£185,838	34% below HPI
2009 14 AUG	£125,000	£174,272	28% below HPI

40 CAROLINE 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 two 40 CAROLINE ROAD sales from August 2009 and August 2013 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 August 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2013 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 40 CAROLINE ROAD?

40 CAROLINE ROAD is 67m² according to the EPC inspection conducted in September 2012. 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 40 CAROLINE ROAD lies on this distribution: 7% of detached houses are smaller than 40 CAROLINE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

40 CAROLINE ROAD: Plot and Title Map

40 CAROLINE ROAD sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 40 CAROLINE 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 40 CAROLINE 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 40 CAROLINE ROAD?

40 CAROLINE ROAD is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 40 on CAROLINE ROAD.