81, PRINCES STREET, METHERINGHAM, LINCOLN, LN4 3DE - £255,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

81 PRINCES STREET is a very large extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £255,000 in November 2023, which was around 15% below the average November 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

81 PRINCES STREET Sold Prices

Land registry data shows three sales for 81 PRINCES STREET 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 81 PRINCES STREET 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 28 NOV	£255,000	£300,479	15% below HPI
2013 14 NOV	£158,000	£186,894	15% below HPI
2007 31 JAN	£145,000	£189,078	23% below HPI

81 PRINCES STREET 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 81 PRINCES STREET sales between January 2007 and November 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 November 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2023 sale, which was also at 15% below the HPI.

How Large is 81 PRINCES STREET?

81 PRINCES STREET is 121m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 20% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 81 PRINCES STREET lies on this distribution: 82% of detached houses are smaller than 81 PRINCES STREET, and 17% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

81 PRINCES STREET: Plot and Title Map

81 PRINCES STREET sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 81 PRINCES STREET, 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 81 PRINCES STREET). 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 81 PRINCES STREET?

81 PRINCES STREET is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 81 on PRINCES STREET.