32A, TOWNSEND WAY, METHERINGHAM, LINCOLN, LN4 3GB - £130,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32A TOWNSEND WAY is a very small terraced house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £165,460. It was last sold for £130,000 in May 2019, which was around 3% below the average May 2019 terraced price in the North Kesteven local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

32A TOWNSEND WAY Sold Prices

Land registry data shows two sales for 32A TOWNSEND WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Kesteven local authority area for the corresponding sale date. One of the two 32A TOWNSEND WAY sales was for below the average price, whilst the other was for above 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
2019 30 MAY	£130,000	£134,470	3% below HPI
2005 24 JUN	£105,000	£99,722	5% above HPI

32A TOWNSEND WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Kesteven local authority area over time, sourced from the HPI. The two 32A TOWNSEND WAY sales from June 2005 and May 2019 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 June 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 32A TOWNSEND WAY be worth now?

32A TOWNSEND WAY might now be worth an estimated £165,460.

This is based on house price inflation of 27.3%, between May 2019 and August 2025, for terraced 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 27.3% inflationary increase is applied to the most recent sale price for 32A TOWNSEND WAY of £130,000 on 30th May 2019. For the value to have increased from £130,000 to £165,460 over the five years and nine months to August 2025, the following assumptions must hold true:

• The value of 32A TOWNSEND WAY has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The May 2019 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 32A TOWNSEND WAY has not materially changed since May 2019.

How Large is 32A TOWNSEND WAY?

32A TOWNSEND WAY is 54m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of terraced houses houses in Metheringham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Metheringham, and where 32A TOWNSEND WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 32A TOWNSEND WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

32A TOWNSEND WAY: Plot and Title Map

32A TOWNSEND WAY sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 32A 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 32A 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 32A TOWNSEND WAY?

32A TOWNSEND WAY is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 32A on TOWNSEND WAY.