5, TOWNSEND WAY, METHERINGHAM, LINCOLN, LN4 3GB - £315,000

5 TOWNSEND WAY is a large detached house of 104m², built sometime between 2003 and 2006. It was last sold for £315,000 in April 2023, which was around 2% above the average April 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

5 TOWNSEND WAY Sold Prices

Land registry data shows two sales for 5 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 5 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
2023 14 APR	£315,000	£309,502	2% above HPI
2006 26 JUN	£180,000	£183,174	2% below HPI

5 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 5 TOWNSEND WAY sales from June 2006 and April 2023 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 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 5 TOWNSEND WAY?

5 TOWNSEND WAY is 104m² according to the EPC inspection conducted in November 2022. This puts it in the largest 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 5 TOWNSEND WAY lies on this distribution: 69% of detached houses are smaller than 5 TOWNSEND WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

5 TOWNSEND WAY: Plot and Title Map

5 TOWNSEND WAY sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 5 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 5 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 5 TOWNSEND WAY?

5 TOWNSEND WAY is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 5 on TOWNSEND WAY.