1, SHIREGATE, METHERINGHAM, LINCOLN, LN4 3DR - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SHIREGATE is a midsized detached house of 93m², built sometime between 1996 and 2002. It was last sold for £175,000 in August 2015, which was around 16% below the average August 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

1 SHIREGATE Sold Prices

Land registry data shows two sales for 1 SHIREGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 1 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
2015 28 AUG	£175,000	£208,390	16% below HPI
1997 24 OCT	£60,000	£65,765	9% below HPI

1 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 two 1 SHIREGATE sales from October 1997 and August 2015 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 October 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 SHIREGATE?

1 SHIREGATE is 93m² according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 1 SHIREGATE lies on this distribution: 59% of detached houses are smaller than 1 SHIREGATE, and 41% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

1 SHIREGATE: Plot and Title Map

1 SHIREGATE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 1 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 1 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 1 SHIREGATE?

1 SHIREGATE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 1 on SHIREGATE.