9, CHESTNUT CLOSE, METHERINGHAM, LINCOLN, LN4 3FB - £227,500

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.

9 CHESTNUT CLOSE is a midsized detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £260,822. It was last sold for £227,500 in December 2020, which was around 15% below the average December 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

9 CHESTNUT CLOSE Sold Prices

Land registry data shows five sales for 9 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 9 CHESTNUT CLOSE 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
2020 16 DEC	£227,500	£268,109	15% below HPI
2014 19 FEB	£165,000	£183,700	10% below HPI
2009 30 NOV	£148,000	£175,930	16% below HPI
2002 18 FEB	£86,000	£95,529	10% below HPI
1999 30 JUN	£70,000	£69,161	1% above HPI

9 CHESTNUT CLOSE 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 five 9 CHESTNUT CLOSE sales between June 1999 and December 2020 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 February 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 9 CHESTNUT CLOSE be worth now?

9 CHESTNUT CLOSE might now be worth an estimated £260,822.

This is based on house price inflation of 14.6%, between December 2020 and August 2025, for detached 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 14.6% inflationary increase is applied to the most recent sale price for 9 CHESTNUT CLOSE of £227,500 on 16th December 2020. For the value to have increased from £227,500 to £260,822 over the five years and four months to August 2025, the following assumptions must hold true:

• The value of 9 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2020 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 9 CHESTNUT CLOSE has not materially changed since December 2020.

How Large is 9 CHESTNUT CLOSE?

9 CHESTNUT CLOSE is 94m² according to the EPC inspection conducted in January 2015. This puts it in the largest 50% of detached houses houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Metheringham, and where 9 CHESTNUT CLOSE lies on this distribution: 57% of detached houses houses are smaller than 9 CHESTNUT CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

9 CHESTNUT CLOSE: Plot and Title Map

9 CHESTNUT CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 9 CHESTNUT CLOSE, 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 9 CHESTNUT CLOSE). 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 9 CHESTNUT CLOSE?

9 CHESTNUT CLOSE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 9 on CHESTNUT CLOSE.