2, GOOSEGATE LANE, FOSTON, GRANTHAM, NG32 2LB - £148,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GOOSEGATE LANE is a very small extended semi-detached house of 72m², built sometime before 1900, which could now be worth an estimated £256,279. It was last sold for £148,500 in August 2010, which was around 7% above the average August 2010 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was E.

2 GOOSEGATE LANE Sold Prices

Land registry data shows four sales for 2 GOOSEGATE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 2 GOOSEGATE LANE 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
2010 27 AUG	£148,500	£138,603	7% above HPI
2003 28 MAR	£117,500	£98,784	19% above HPI
2001 11 JAN	£67,500	£65,509	3% above HPI
1999 10 DEC	£36,000	£56,097	36% below HPI

2 GOOSEGATE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 2 GOOSEGATE LANE sales between December 1999 and August 2010 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 March 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2010 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 GOOSEGATE LANE be worth now?

2 GOOSEGATE LANE might now be worth an estimated £256,279.

This is based on house price inflation of 72.6%, between August 2010 and December 2024, for semi-detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.6% inflationary increase is applied to the most recent sale price for 2 GOOSEGATE LANE of £148,500 on 27th August 2010. For the value to have increased from £148,500 to £256,279 over the thirteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 2 GOOSEGATE LANE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The August 2010 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 2 GOOSEGATE LANE has not materially changed since August 2010.

How Large is 2 GOOSEGATE LANE?

2 GOOSEGATE LANE is 72m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of semi-detached houses houses in Foston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Foston, and where 2 GOOSEGATE LANE lies on this distribution: 3% of semi-detached houses houses are smaller than 2 GOOSEGATE LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Foston.

2 GOOSEGATE LANE: Plot and Title Map

2 GOOSEGATE LANE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 2 GOOSEGATE LANE, 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 GOOSEGATE LANE). 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 GOOSEGATE LANE?

2 GOOSEGATE LANE is located in FOSTON, in the NG32 postcode district. The below map shows the position of No. 2 on GOOSEGATE LANE.