9, THE CHASE, METHERINGHAM, LINCOLN, LN4 3YT - £162,500

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 THE CHASE is a midsized detached house of 83m², built sometime between 1996 and 2002. It was last sold for £162,500 in May 2015, which was around 19% below the average May 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2008, where the current energy rating was C, and the potential energy rating was C.

9 THE CHASE Sold Prices

Land registry data shows two sales for 9 THE CHASE 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 THE CHASE 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
2015 1 MAY	£162,500	£201,393	19% below HPI
2001 30 APR	£77,000	£80,833	5% below HPI

9 THE CHASE 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 THE CHASE sales from April 2001 and May 2015 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 April 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 9 THE CHASE?

9 THE CHASE is 83m² according to the EPC inspection conducted in September 2008. This puts it in the smallest 50% 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 THE CHASE lies on this distribution: 42% of detached houses are smaller than 9 THE CHASE, and 58% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

9 THE CHASE: Plot and Title Map

9 THE CHASE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 9 THE CHASE, 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 THE CHASE). 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 THE CHASE?

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