How to overwrite a print statement line, after printing text below it?

Context

I have difficulties finding the right stackoverflow question for this purpose:
I would like to update a printed line in python with a value that is computed after something else is printed. the something else should stay below the line that is updated.

For example:

first="hello"
third=""
print(f'{first} \r{third}', end=" ", flush=True)

second="somethingelse"
print(second)

if second == "somethingelse":
    third="world"
else:
    third="Universe"

Should print:

hello 
something.

which is then changed to:

hello world
something

Or it should print:

hello
something.

which is then changed to:

hello universe
something

It is important that:

• hello is printed before something is printed.
• world/universe is printed on the same line as hello.
• something is below the hello universe/world line.
• something can consist of an arbitrary number of printed lines.

XY-problem

I modified the showme pip package to show the runtimes of functions. And I would like the function name to be printed, followed by the output of the function that is being running. And still print the runtime behind/on the same line as the function name. (To reduce the CLI clutter).

Question

How do I update a line with a value that is computed after other stuff is printed below that line?

Related Questions:

https://stackoverflow.com/questions/3249524/print-in-one-line-dynamically

https://stackoverflow.com/questions/13094994/how-can-i-print-something-and-then-call-a-function-with-a-print-on-the-same-lin

https://stackoverflow.com/questions/5290994/remove-and-replace-printed-items

https://stackoverflow.com/questions/5419389/how-to-overwrite-the-previous-print-to-stdout

Without using curses or something similar, it is only possible to update the last line of output in a terminal and not the previous ones.

Here is a simple example of how to update the first line after printing the second line with curses (sleep function used only to make the changes more obvious):

import curses
from time import sleep

w = curses.initscr()

w.addstr(0,0, 'first line')
w.refresh()
w.addstr(1, 0, 'second line')
w.refresh()

sleep(2)

w.addstr(0,0, 'replaced first line')
w.refresh()

sleep(2)

curses.endwin()

i am not quite sure that this answer would satisfy you

first="hello"
third=""
second="sometfirst="hello"
third=""
second="somethingelse"

if second == "somethingelse":
    third="world"
else:
    third="Universe"
    
print(f'{first} {third}', end=" ", flush=True)
print(second)