27, CASTLEGATE, GIPSEY BRIDGE, BOSTON, PE22 7BS - £178,000

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

27 CASTLEGATE is a small detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £179,625. It was last sold for £178,000 in October 2024, which was around 37% below the average October 2024 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was D.

27 CASTLEGATE Sold Prices

Land registry data shows five sales for 27 CASTLEGATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five 27 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
2024 11 OCT	£178,000	£283,662	37% below HPI
2010 30 APR	£136,750	£174,948	22% below HPI
2002 8 APR	£35,000	£99,217	65% below HPI
1996 15 JUL	£33,000	£57,706	43% below HPI
1996 18 MAR	£27,750	£52,759	47% below HPI

27 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 five 27 CASTLEGATE sales between March 1996 and October 2024 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 April 2010 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2024 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 27 CASTLEGATE be worth now?

27 CASTLEGATE might now be worth an estimated £179,625.

This is based on house price inflation of 0.9%, between October 2024 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 0.9% inflationary increase is applied to the most recent sale price for 27 CASTLEGATE of £178,000 on 11th October 2024. For the value to have increased from £178,000 to £179,625 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 27 CASTLEGATE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The October 2024 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 27 CASTLEGATE has not materially changed since October 2024.

How Large is 27 CASTLEGATE?

27 CASTLEGATE is 98m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% 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 27 CASTLEGATE lies on this distribution: 29% of detached houses houses are smaller than 27 CASTLEGATE, and 67% of houses are larger. Note that EPC data is not available for all properties in Gipsey Bridge.

27 CASTLEGATE: Plot and Title Map

27 CASTLEGATE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 27 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 27 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 27 CASTLEGATE?

27 CASTLEGATE is located in GIPSEY BRIDGE, in the PE22 postcode district. The below map shows the position of No. 27 on CASTLEGATE.