9, FIELD FARM LANE, METHERINGHAM, LINCOLN, LN4 3AF - £220,000

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

9 FIELD FARM LANE is a very large detached house of 119m², built sometime between 1976 and 1982. It was last sold for £220,000 in October 2018, which was around 14% below the average October 2018 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

9 FIELD FARM LANE Sold Prices

Land registry data shows two sales for 9 FIELD FARM LANE 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. One of the two 9 FIELD FARM LANE sales was for below the average price, whilst the other was for above 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
2018 23 OCT	£220,000	£255,395	14% below HPI
1997 15 JUL	£78,250	£67,277	16% above HPI

9 FIELD FARM LANE 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 9 FIELD FARM LANE sales from July 1997 and October 2018 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 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 9 FIELD FARM LANE?

9 FIELD FARM LANE is 119m² according to the EPC inspection conducted in March 2018. 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 9 FIELD FARM LANE lies on this distribution: 81% of detached houses are smaller than 9 FIELD FARM LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

9 FIELD FARM LANE: Plot and Title Map

9 FIELD FARM LANE sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of 9 FIELD FARM LANE, 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 FIELD FARM LANE). 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 FIELD FARM LANE?

9 FIELD FARM LANE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 9 on FIELD FARM LANE.