9, DANE CLOSE, METHERINGHAM, LINCOLN, LN4 3DP - £285,000

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

9 DANE CLOSE is a small extended detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £264,003. It was last sold for £285,000 in September 2022, which was around 10% below the average September 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

9 DANE CLOSE Sold Prices

Land registry data shows three sales for 9 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 9 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
2022 29 SEP	£285,000	£318,077	10% below HPI
2014 23 DEC	£155,000	£199,108	22% below HPI
2012 10 APR	£105,000	£180,769	42% below HPI

9 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 9 DANE CLOSE sales between April 2012 and September 2022 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 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 9 DANE CLOSE be worth now?

9 DANE CLOSE might now be worth an estimated £264,003.

This is based on house price deflation of 7.4%, between September 2022 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 7.4% deflationary decrease is applied to the most recent sale price for 9 DANE CLOSE of £285,000 on 29th September 2022. For the value to have decreased from £285,000 to £264,003 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 9 DANE CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2022 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 9 DANE CLOSE has not materially changed since September 2022.

How Large is 9 DANE CLOSE?

9 DANE CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 9 DANE CLOSE lies on this distribution: 36% of detached houses houses are smaller than 9 DANE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

9 DANE CLOSE: Plot and Title Map

9 DANE CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 9 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 9 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 9 DANE CLOSE?

9 DANE CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 9 on DANE CLOSE.