15, CASTLEGATE, GIPSEY BRIDGE, BOSTON, PE22 7BS - £265,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 CASTLEGATE is a large extended detached house of 145m², built sometime between 1967 and 1975, which could now be worth an estimated £335,138. It was last sold for £265,000 in January 2019, which was around 17% above the average January 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

15 CASTLEGATE Sold Prices

Land registry data shows three sales for 15 CASTLEGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Two of the three 15 CASTLEGATE sales were for above the average price, whilst one 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
2019 30 JAN	£265,000	£226,345	17% above HPI
2016 19 MAY	£230,000	£194,717	18% above HPI
1997 22 OCT	£47,500	£62,257	24% below HPI

15 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 three 15 CASTLEGATE sales between October 1997 and January 2019 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 May 2016 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2019 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 15 CASTLEGATE be worth now?

15 CASTLEGATE might now be worth an estimated £335,138.

This is based on house price inflation of 26.5%, between January 2019 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.5% inflationary increase is applied to the most recent sale price for 15 CASTLEGATE of £265,000 on 30th January 2019. For the value to have increased from £265,000 to £335,138 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 CASTLEGATE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The January 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CASTLEGATE has not materially changed since January 2019.

How Large is 15 CASTLEGATE?

15 CASTLEGATE is 145m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% of detached houses houses in Gipsey Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gipsey Bridge, and where 15 CASTLEGATE lies on this distribution: 79% of detached houses houses are smaller than 15 CASTLEGATE, and 21% of houses are larger. Note that EPC data is not available for all properties in Gipsey Bridge.

15 CASTLEGATE: Plot and Title Map

15 CASTLEGATE sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 15 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 15 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 15 CASTLEGATE?

15 CASTLEGATE is located in GIPSEY BRIDGE, in the PE22 postcode district. The below map shows the position of No. 15 on CASTLEGATE.