2, LEAGATE ROAD, GIPSEY BRIDGE, BOSTON, PE22 7BP - £195,000

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 LEAGATE ROAD is a small detached house of 106m², built sometime before 1900, which could now be worth an estimated £261,492. It was last sold for £195,000 in September 2017, which was around 9% below the average September 2017 detached price in the East Lindsey local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

2 LEAGATE ROAD Sold Prices

Land registry data shows four sales for 2 LEAGATE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. two of the four 2 LEAGATE ROAD sales were for below the average price, and four 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
2017 28 SEP	£195,000	£213,464	9% below HPI
2014 11 SEP	£178,000	£180,347	1% below HPI
2002 24 MAY	£112,000	£99,782	12% above HPI
1998 11 DEC	£76,000	£67,466	13% above HPI

2 LEAGATE ROAD 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 four 2 LEAGATE ROAD sales between December 1998 and September 2017 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 September 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 LEAGATE ROAD be worth now?

2 LEAGATE ROAD might now be worth an estimated £261,492.

This is based on house price inflation of 34.1%, between September 2017 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 34.1% inflationary increase is applied to the most recent sale price for 2 LEAGATE ROAD of £195,000 on 28th September 2017. For the value to have increased from £195,000 to £261,492 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 LEAGATE ROAD has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The September 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEAGATE ROAD has not materially changed since September 2017.

How Large is 2 LEAGATE ROAD?

2 LEAGATE ROAD is 106m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 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 LEAGATE ROAD lies on this distribution: 38% of detached houses houses are smaller than 2 LEAGATE ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Gipsey Bridge.

2 LEAGATE ROAD: Plot and Title Map

2 LEAGATE ROAD sits on a plot of roughly 0.194 of an acre, or 784m². The below map shows the location of 2 LEAGATE ROAD, 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 LEAGATE ROAD). 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 LEAGATE ROAD?

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