12, VIKING WAY, METHERINGHAM, LINCOLN, LN4 3DW - £205,000

12 VIKING WAY is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £205,000 in January 2022, which was around 30% below the average January 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

12 VIKING WAY Sold Prices

Land registry data shows three sales for 12 VIKING WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 12 VIKING WAY 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
2022 27 JAN	£205,000	£292,253	30% below HPI
2011 21 OCT	£129,000	£181,253	29% below HPI
2009 9 APR	£109,000	£166,902	35% below HPI

12 VIKING WAY 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 three 12 VIKING WAY sales between April 2009 and January 2022 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 October 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 12 VIKING WAY?

12 VIKING WAY is 75m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 12 VIKING WAY lies on this distribution: 18% of detached houses are smaller than 12 VIKING WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

12 VIKING WAY: Plot and Title Map

12 VIKING WAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 12 VIKING WAY, 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 12 VIKING WAY). 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 12 VIKING WAY?

12 VIKING WAY is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 12 on VIKING WAY.