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

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

15 CASTLEGATE is a large extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £265,000 in January 2019, which was around 19% 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	£223,095	19% above HPI
2016 19 MAY	£230,000	£191,921	20% above HPI
1997 22 OCT	£47,500	£61,363	23% 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 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2019 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

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 in Gipsey Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Gipsey Bridge, and where 15 CASTLEGATE lies on this distribution: 79% of detached 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.