7, THE CHASE, METHERINGHAM, LINCOLN, LN4 3YT - £151,000

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

7 THE CHASE is a midsized extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £151,000 in June 2013, which was around 19% below the average June 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

7 THE CHASE Sold Prices

Land registry data shows four sales for 7 THE CHASE 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 7 THE CHASE 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 5 JUN	£151,000	£186,788	19% below HPI
2012 5 OCT	£151,000	£176,113	14% below HPI
2004 30 APR	£132,000	£160,134	18% below HPI
2001 30 MAR	£79,000	£81,593	3% below HPI

7 THE CHASE 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 7 THE CHASE sales between March 2001 and June 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 October 2012 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2013 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 THE CHASE?

7 THE CHASE is 93m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 7 THE CHASE lies on this distribution: 57% of detached houses are smaller than 7 THE CHASE, and 43% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

7 THE CHASE: Plot and Title Map

7 THE CHASE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 7 THE CHASE, 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 7 THE CHASE). 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 7 THE CHASE?

7 THE CHASE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 7 on THE CHASE.