43, KINGS ROAD, METHERINGHAM, LINCOLN, LN4 3HT - £185,000

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

43 KINGS ROAD is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £185,000 in June 2024, which was around 39% below the average June 2024 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

43 KINGS ROAD Sold Prices

Land registry data shows three sales for 43 KINGS ROAD 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 43 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
2024 21 JUN	£185,000	£305,296	39% below HPI
2021 15 FEB	£180,000	£273,488	34% below HPI
1997 21 NOV	£49,950	£66,308	25% below HPI

43 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 three 43 KINGS ROAD sales between November 1997 and June 2024 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 February 2021 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2024 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 43 KINGS ROAD?

43 KINGS ROAD is 63m² according to the EPC inspection conducted in October 2020. 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 43 KINGS ROAD lies on this distribution: 3% of detached houses are smaller than 43 KINGS ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

43 KINGS ROAD: Plot and Title Map

43 KINGS ROAD sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of 43 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 43 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 43 KINGS ROAD?

43 KINGS ROAD is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 43 on KINGS ROAD.