7, WESLEY CLOSE, METHERINGHAM, LINCOLN, LN4 3UF - £142,000

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 WESLEY CLOSE is a midsized detached house of 88m², built sometime between 1950 and 1966. It was last sold for £142,000 in September 2014, which was around 30% below the average September 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

7 WESLEY CLOSE Sold Prices

Land registry data shows two sales for 7 WESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 7 WESLEY 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
2014 24 SEP	£142,000	£201,457	30% below HPI
2005 2 DEC	£127,000	£181,001	30% below HPI

7 WESLEY 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 two 7 WESLEY CLOSE sales from December 2005 and September 2014 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 December 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2014 sale, which was also at 30% below the HPI.

How Large is 7 WESLEY CLOSE?

7 WESLEY CLOSE is 88m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 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 WESLEY CLOSE lies on this distribution: 50% of detached houses are smaller than 7 WESLEY CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

7 WESLEY CLOSE: Plot and Title Map

7 WESLEY CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 7 WESLEY 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 7 WESLEY 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 7 WESLEY CLOSE?

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