3, EASTGATE, HECKINGTON, SLEAFORD, NG34 9RB - £137,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 EASTGATE is a very small extended detached house of 68m², built sometime between 1900 and 1929. It was last sold for £137,500 in July 2021, which was around 50% below the average July 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

3 EASTGATE Sold Prices

Land registry data shows five sales for 3 EASTGATE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 3 EASTGATE 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
2021 2 JUL	£137,500	£275,781	50% below HPI
2018 24 JAN	£101,250	£241,690	58% below HPI
2005 13 MAY	£80,000	£178,881	55% below HPI
2000 30 MAR	£25,000	£74,351	66% below HPI
1995 8 DEC	£165,000	£61,149	170% above HPI

3 EASTGATE 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 five 3 EASTGATE sales between December 1995 and July 2021 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 January 2018 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the July 2021 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 3 EASTGATE?

3 EASTGATE is 68m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of detached houses in Heckington, based on EPC data. The below chart shows the distribution of detached houses by size in Heckington, and where 3 EASTGATE lies on this distribution: 12% of detached houses are smaller than 3 EASTGATE, and 88% of houses are larger. Note that EPC data is not available for all properties in Heckington.

3 EASTGATE: Plot and Title Map

3 EASTGATE sits on a plot of roughly 0.016 of an acre, or 65m². The below map shows the location of 3 EASTGATE, 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 3 EASTGATE). 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 3 EASTGATE?

3 EASTGATE is located in HECKINGTON, in the NG34 postcode district. The below map shows the position of No. 3 on EASTGATE.