BLACKSMITH COTTAGE, HIGH STREET, METHERINGHAM, LINCOLN, LN4 3EA - £195,000

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.

BLACKSMITH COTTAGE is a very large extended terraced house of 124m², built sometime before 1900, which could now be worth an estimated £239,989. It was last sold for £195,000 in July 2020, which was around 40% above the average July 2020 terraced price in the North Kesteven local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

BLACKSMITH COTTAGE Sold Prices

Land registry data shows two sales for BLACKSMITH COTTAGE 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. Both of the two BLACKSMITH COTTAGE sales were 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
2020 10 JUL	£195,000	£139,065	40% above HPI
1999 27 AUG	£68,000	£36,604	86% above HPI

BLACKSMITH COTTAGE 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 BLACKSMITH COTTAGE sales from August 1999 and July 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 August 1999 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the July 2020 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might BLACKSMITH COTTAGE be worth now?

BLACKSMITH COTTAGE might now be worth an estimated £239,989.

This is based on house price inflation of 23.1%, between July 2020 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 23.1% inflationary increase is applied to the most recent sale price for BLACKSMITH COTTAGE of £195,000 on 10th July 2020. For the value to have increased from £195,000 to £239,989 over the four years and eleven months to August 2025, the following assumptions must hold true:

• The value of BLACKSMITH COTTAGE has moved in line with the HPI for terraced houses in the North Kesteven local authority area.
• The July 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of BLACKSMITH COTTAGE has not materially changed since July 2020.

How Large is BLACKSMITH COTTAGE?

BLACKSMITH COTTAGE is 124m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 20% 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 BLACKSMITH COTTAGE lies on this distribution: 83% of terraced houses houses are smaller than BLACKSMITH COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

BLACKSMITH COTTAGE: Plot and Title Map

BLACKSMITH COTTAGE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of BLACKSMITH COTTAGE, 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 BLACKSMITH COTTAGE). 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 BLACKSMITH COTTAGE?

BLACKSMITH COTTAGE is located on HIGH STREET in METHERINGHAM, in the LN4 postcode district. The below map shows the position of BLACKSMITH COTTAGE on HIGH STREET.