WALNUT COTTAGE, HIGH STREET, METHERINGHAM, LINCOLN, LN4 3DX - £227,500

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

WALNUT COTTAGE is a large extended detached house of 108m², built sometime before 1900, which could now be worth an estimated £240,794. It was last sold for £227,500 in September 2021, which was around 18% below the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

WALNUT COTTAGE Sold Prices

Land registry data shows two sales for WALNUT COTTAGE 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 WALNUT COTTAGE 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
2021 10 SEP	£227,500	£278,376	18% below HPI
2000 4 MAY	£52,110	£76,323	32% below HPI

WALNUT COTTAGE 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 WALNUT COTTAGE sales from May 2000 and September 2021 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 2000 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might WALNUT COTTAGE be worth now?

WALNUT COTTAGE might now be worth an estimated £240,794.

This is based on house price inflation of 5.8%, between September 2021 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 5.8% inflationary increase is applied to the most recent sale price for WALNUT COTTAGE of £227,500 on 10th September 2021. For the value to have increased from £227,500 to £240,794 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of WALNUT COTTAGE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The September 2021 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of WALNUT COTTAGE has not materially changed since September 2021.

How Large is WALNUT COTTAGE?

WALNUT COTTAGE is 108m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the largest 30% 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 WALNUT COTTAGE lies on this distribution: 72% of detached houses houses are smaller than WALNUT COTTAGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

WALNUT COTTAGE: Plot and Title Map

WALNUT COTTAGE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of WALNUT COTTAGE, 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 WALNUT COTTAGE). 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 WALNUT COTTAGE?

WALNUT COTTAGE is located on HIGH STREET in METHERINGHAM, in the LN4 postcode district. The below map shows the position of WALNUT COTTAGE on HIGH STREET.