5, ALEXANDER CLOSE, METHERINGHAM, LINCOLN, LN4 3HJ - £230,000

5 ALEXANDER CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £230,000 in March 2022, which was around 23% below the average March 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

5 ALEXANDER CLOSE Sold Prices

Land registry data shows three sales for 5 ALEXANDER 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 5 ALEXANDER 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 29 MAR	£230,000	£299,263	23% below HPI
2005 4 OCT	£131,000	£179,302	27% below HPI
2001 5 JUL	£69,000	£85,820	20% below HPI

5 ALEXANDER 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 5 ALEXANDER CLOSE sales between July 2001 and March 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 October 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 ALEXANDER CLOSE?

5 ALEXANDER CLOSE is 75m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 5 ALEXANDER CLOSE lies on this distribution: 18% of detached houses are smaller than 5 ALEXANDER CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

5 ALEXANDER CLOSE: Plot and Title Map

5 ALEXANDER CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 5 ALEXANDER 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 5 ALEXANDER 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 5 ALEXANDER CLOSE?

5 ALEXANDER CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 5 on ALEXANDER CLOSE.