14, SHIREGATE, METHERINGHAM, LINCOLN, LN4 3DR - £305,000

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

14 SHIREGATE is a very large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £305,000 in March 2022, which was around 2% above the average March 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

14 SHIREGATE Sold Prices

Land registry data shows three sales for 14 SHIREGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 14 SHIREGATE 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
2022 1 MAR	£305,000	£298,804	2% above HPI
2015 12 NOV	£225,000	£211,957	6% above HPI
1996 22 MAR	£59,950	£57,713	4% above HPI

14 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 three 14 SHIREGATE sales between March 1996 and March 2022 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 November 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 14 SHIREGATE?

14 SHIREGATE is 130m², which includes three extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 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 14 SHIREGATE lies on this distribution: 88% of detached houses are smaller than 14 SHIREGATE, and 12% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

14 SHIREGATE: Plot and Title Map

14 SHIREGATE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 14 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 14 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 14 SHIREGATE?

14 SHIREGATE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 14 on SHIREGATE.