20, SHIREGATE, METHERINGHAM, LINCOLN, LN4 3DR - £140,000

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

20 SHIREGATE is a midsized extended detached house of 84m², built sometime between 1996 and 2002, which could now be worth an estimated £213,745. It was last sold for £140,000 in July 2014, which was around 27% below the average July 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

20 SHIREGATE Sold Prices

Land registry data shows three sales for 20 SHIREGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 20 SHIREGATE 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
2014 4 JUL	£140,000	£192,987	27% below HPI
1999 31 MAR	£50,000	£69,840	28% below HPI
1997 19 DEC	£56,000	£65,764	15% below HPI

20 SHIREGATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 20 SHIREGATE sales between December 1997 and July 2014 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 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2014 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 20 SHIREGATE be worth now?

20 SHIREGATE might now be worth an estimated £213,745.

This is based on house price inflation of 52.7%, between July 2014 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.7% inflationary increase is applied to the most recent sale price for 20 SHIREGATE of £140,000 on 4th July 2014. For the value to have increased from £140,000 to £213,745 over the nine years and seven months to December 2024, the following assumptions must hold true:

• The value of 20 SHIREGATE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The July 2014 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 20 SHIREGATE has not materially changed since July 2014.

How Large is 20 SHIREGATE?

20 SHIREGATE is 84m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% of detached houses houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Metheringham, and where 20 SHIREGATE lies on this distribution: 41% of detached houses houses are smaller than 20 SHIREGATE, and 59% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

20 SHIREGATE: Plot and Title Map

20 SHIREGATE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 20 SHIREGATE, 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 20 SHIREGATE). 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 20 SHIREGATE?

20 SHIREGATE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 20 on SHIREGATE.