22, SHIREGATE, METHERINGHAM, LINCOLN, LN4 3DR - £196,000

22 SHIREGATE is a very small extended detached house of 74m², built sometime between 1991 and 1995. It was last sold for £196,000 in November 2020, which was around 26% below the average November 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

22 SHIREGATE Sold Prices

Land registry data shows four sales for 22 SHIREGATE 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 22 SHIREGATE 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 27 NOV	£196,000	£266,312	26% below HPI
2004 2 JUL	£131,500	£168,745	22% below HPI
2001 13 NOV	£76,000	£92,321	18% below HPI
1995 17 MAY	£52,950	£62,642	15% below HPI

22 SHIREGATE 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 22 SHIREGATE sales between May 1995 and November 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 July 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 22 SHIREGATE?

22 SHIREGATE is 74m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 22 SHIREGATE lies on this distribution: 15% of detached houses are smaller than 22 SHIREGATE, and 83% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

22 SHIREGATE: Plot and Title Map

22 SHIREGATE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 22 SHIREGATE, 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 22 SHIREGATE). 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 22 SHIREGATE?

22 SHIREGATE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 22 on SHIREGATE.