6, DANE CLOSE, METHERINGHAM, LINCOLN, LN4 3DP - £232,500

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

6 DANE CLOSE is a large detached house of 101m², built sometime between 1967 and 1975, which could now be worth an estimated £246,086. It was last sold for £232,500 in September 2021, which was around 16% below the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

6 DANE CLOSE Sold Prices

Land registry data shows three sales for 6 DANE 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 6 DANE 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
2021 30 SEP	£232,500	£278,376	16% below HPI
2010 10 SEP	£147,500	£184,538	20% below HPI
2009 23 JUL	£105,000	£167,769	37% below HPI

6 DANE 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 6 DANE CLOSE sales between July 2009 and September 2021 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 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 6 DANE CLOSE be worth now?

6 DANE CLOSE might now be worth an estimated £246,086.

This is based on house price inflation of 5.8%, between September 2021 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 5.8% inflationary increase is applied to the most recent sale price for 6 DANE CLOSE of £232,500 on 30th September 2021. For the value to have increased from £232,500 to £246,086 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 6 DANE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2021 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 6 DANE CLOSE has not materially changed since September 2021.

How Large is 6 DANE CLOSE?

6 DANE CLOSE is 101m² according to the EPC inspection conducted in March 2021. This puts it in the largest 40% 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 6 DANE CLOSE lies on this distribution: 64% of detached houses houses are smaller than 6 DANE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

6 DANE CLOSE: Plot and Title Map

6 DANE CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 6 DANE 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 6 DANE 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 6 DANE CLOSE?

6 DANE CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 6 on DANE CLOSE.