1, CASTLEGATE, GIPSEY BRIDGE, BOSTON, PE22 7BS - £290,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CASTLEGATE is a very large detached house of 173m², built sometime between 1996 and 2002. It was last sold for £290,500 in January 2023, which was around 2% above the average January 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

1 CASTLEGATE Sold Prices

Land registry data shows two sales for 1 CASTLEGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the two 1 CASTLEGATE 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 6 JAN	£290,500	£286,087	2% above HPI
2007 20 JUL	£180,000	£190,636	6% below HPI

1 CASTLEGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 1 CASTLEGATE sales from July 2007 and January 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 July 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 1 CASTLEGATE?

1 CASTLEGATE is 173m² according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Gipsey Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Gipsey Bridge, and where 1 CASTLEGATE lies on this distribution: 83% of detached houses are smaller than 1 CASTLEGATE, and 17% of houses are larger. Note that EPC data is not available for all properties in Gipsey Bridge.

1 CASTLEGATE: Plot and Title Map

1 CASTLEGATE sits on a plot of roughly 0.201 of an acre, or 813m². The below map shows the location of 1 CASTLEGATE, 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 1 CASTLEGATE). 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 1 CASTLEGATE?

1 CASTLEGATE is located in GIPSEY BRIDGE, in the PE22 postcode district. The below map shows the position of No. 1 on CASTLEGATE.