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

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 NEWTON CLOSE is a very small detached house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £229,262. It was last sold for £56,000 in December 1999, which was around 22% 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	£71,970	22% below HPI
1997 23 MAY	£44,500	£64,290	31% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 1999 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 9 NEWTON CLOSE be worth now?

9 NEWTON CLOSE might now be worth an estimated £229,262.

This is based on house price inflation of 309.4%, between December 1999 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 309.4% inflationary increase is applied to the most recent sale price for 9 NEWTON CLOSE of £56,000 on 3rd December 1999. For the value to have increased from £56,000 to £229,262 over the 25 years to December 2024, the following assumptions must hold true:

• The value of 9 NEWTON CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 1999 sale price of £56,000 represented a fair market value for the property.
• The size, condition, and specification of 9 NEWTON CLOSE has not materially changed since December 1999.

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 houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Metheringham, and where 9 NEWTON CLOSE lies on this distribution: 6% of detached houses 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.