24, TOWNSEND WAY, METHERINGHAM, LINCOLN, LN4 3GB - £382,500

24 TOWNSEND WAY is a very large detached house of 132m², built sometime between 2003 and 2006. It was last sold for £382,500 in July 2022, which was around 23% above the average July 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

24 TOWNSEND WAY Sold Prices

Land registry data shows two sales for 24 TOWNSEND WAY 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. One of the two 24 TOWNSEND WAY sales was for above the average price, whilst the other was 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 8 JUL	£382,500	£310,270	23% above HPI
2004 29 OCT	£165,000	£170,125	3% below HPI

24 TOWNSEND 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 two 24 TOWNSEND WAY sales from October 2004 and July 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 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 24 TOWNSEND WAY?

24 TOWNSEND WAY is 132m² according to the EPC inspection conducted in January 2022. This puts it in the largest 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 24 TOWNSEND WAY lies on this distribution: 89% of detached houses are smaller than 24 TOWNSEND WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

24 TOWNSEND WAY: Plot and Title Map

24 TOWNSEND WAY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 24 TOWNSEND 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 24 TOWNSEND 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 24 TOWNSEND WAY?

24 TOWNSEND WAY is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 24 on TOWNSEND WAY.