8, SAXON CLOSE, METHERINGHAM, LINCOLN, LN4 3HQ - £182,500

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

8 SAXON CLOSE is a small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £181,906. It was last sold for £182,500 in December 2023, which was around 38% below the average December 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was A.

8 SAXON CLOSE Sold Prices

Land registry data shows two sales for 8 SAXON 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 8 SAXON 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
2023 15 DEC	£182,500	£295,605	38% below HPI
2006 6 JUL	£115,000	£179,413	36% below HPI

8 SAXON 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 8 SAXON CLOSE sales from July 2006 and December 2023 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 July 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 8 SAXON CLOSE be worth now?

8 SAXON CLOSE might now be worth an estimated £181,906.

This is based on house price deflation of 0.3%, between December 2023 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 0.3% deflationary decrease is applied to the most recent sale price for 8 SAXON CLOSE of £182,500 on 15th December 2023. For the value to have decreased from £182,500 to £181,906 over the one year to December 2024, the following assumptions must hold true:

• The value of 8 SAXON CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2023 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 8 SAXON CLOSE has not materially changed since December 2023.

How Large is 8 SAXON CLOSE?

8 SAXON CLOSE is 78m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% 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 8 SAXON CLOSE lies on this distribution: 28% of detached houses houses are smaller than 8 SAXON CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

8 SAXON CLOSE: Plot and Title Map

8 SAXON CLOSE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 8 SAXON 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 8 SAXON 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 8 SAXON CLOSE?

8 SAXON CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 8 on SAXON CLOSE.