40, PRINCES STREET, METHERINGHAM, LINCOLN, LN4 3BX - £208,000

40 PRINCES STREET is a small extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £208,000 in January 2021, which was around 24% below the average January 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was A.

40 PRINCES STREET Sold Prices

Land registry data shows four sales for 40 PRINCES STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the four 40 PRINCES STREET 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 29 JAN	£208,000	£272,907	24% below HPI
2018 2 JUL	£190,000	£250,557	24% below HPI
2016 22 JAN	£153,000	£214,934	29% below HPI
2007 10 AUG	£145,000	£202,284	28% below HPI

40 PRINCES STREET 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 four 40 PRINCES STREET sales between August 2007 and January 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 July 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2021 sale, which was also at 24% below the HPI.

How Large is 40 PRINCES STREET?

40 PRINCES STREET is 81m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 40 PRINCES STREET lies on this distribution: 36% of detached houses are smaller than 40 PRINCES STREET, and 62% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

40 PRINCES STREET: Plot and Title Map

40 PRINCES STREET sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 40 PRINCES STREET, 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 40 PRINCES STREET). 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 40 PRINCES STREET?

40 PRINCES STREET is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 40 on PRINCES STREET.