2, CASTLEGATE, GIPSEY BRIDGE, BOSTON, PE22 7BS - £125,000

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.

2 CASTLEGATE is a large extended detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £209,192. It was last sold for £125,000 in August 2011, which was around 27% below the average August 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

2 CASTLEGATE Sold Prices

Land registry data shows two sales for 2 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. Both of the two 2 CASTLEGATE 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
2011 18 AUG	£125,000	£171,046	27% below HPI
1998 17 JUL	£49,000	£66,053	26% below HPI

2 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 2 CASTLEGATE sales from July 1998 and August 2011 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 1998 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2011 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 CASTLEGATE be worth now?

2 CASTLEGATE might now be worth an estimated £209,192.

This is based on house price inflation of 67.4%, between August 2011 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 67.4% inflationary increase is applied to the most recent sale price for 2 CASTLEGATE of £125,000 on 18th August 2011. For the value to have increased from £125,000 to £209,192 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 CASTLEGATE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The August 2011 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CASTLEGATE has not materially changed since August 2011.

How Large is 2 CASTLEGATE?

2 CASTLEGATE is 133m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 40% 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 2 CASTLEGATE lies on this distribution: 69% of detached houses houses are smaller than 2 CASTLEGATE, and 31% of houses are larger. Note that EPC data is not available for all properties in Gipsey Bridge.

2 CASTLEGATE: Plot and Title Map

2 CASTLEGATE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 2 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 2 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 2 CASTLEGATE?

2 CASTLEGATE is located in GIPSEY BRIDGE, in the PE22 postcode district. The below map shows the position of No. 2 on CASTLEGATE.