5, ROMAN CLOSE, METHERINGHAM, LINCOLN, LN4 3HS - £220,000

5 ROMAN CLOSE is a small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £220,000 in May 2022, which was around 28% below the average May 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

5 ROMAN CLOSE Sold Prices

Land registry data shows four sales for 5 ROMAN 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 North Kesteven local authority area for the corresponding sale date. All of the four 5 ROMAN 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 30 MAY	£220,000	£303,935	28% below HPI
2019 4 SEP	£185,000	£254,667	27% below HPI
2009 30 DEC	£143,000	£181,435	21% below HPI
2005 23 MAR	£130,000	£175,290	26% below HPI

5 ROMAN 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 four 5 ROMAN CLOSE sales between March 2005 and May 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 September 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 ROMAN CLOSE?

5 ROMAN CLOSE is 76m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% 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 ROMAN CLOSE lies on this distribution: 24% of detached houses are smaller than 5 ROMAN CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

5 ROMAN CLOSE: Plot and Title Map

5 ROMAN CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 5 ROMAN 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 ROMAN 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 ROMAN CLOSE?

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