9, NEWTON CLOSE, METHERINGHAM, LINCOLN, LN4 3EQ - £56,000

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 NEWTON CLOSE is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £56,000 in December 1999, which was around 23% below the average December 1999 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

9 NEWTON CLOSE Sold Prices

Land registry data shows two sales for 9 NEWTON 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 9 NEWTON 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
1999 3 DEC	£56,000	£72,894	23% below HPI
1997 23 MAY	£44,500	£65,115	32% below HPI

9 NEWTON 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 9 NEWTON CLOSE sales from May 1997 and December 1999 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 May 1997 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 1999 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 9 NEWTON CLOSE?

9 NEWTON CLOSE is 66m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% 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 NEWTON CLOSE lies on this distribution: 7% of detached houses are smaller than 9 NEWTON CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

9 NEWTON CLOSE: Plot and Title Map

9 NEWTON CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 9 NEWTON 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 NEWTON 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 NEWTON CLOSE?

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