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

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

WALNUT COTTAGE is a large extended detached house of 108m², built sometime before 1900. It was last sold for £227,500 in September 2021, which was around 19% 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	£281,947	19% below HPI
2000 4 MAY	£52,110	£77,302	33% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

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 in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where WALNUT COTTAGE lies on this distribution: 72% of detached houses are smaller than WALNUT COTTAGE, and 27% 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.