3, GERRARD MEWS, WASHINGBOROUGH, LINCOLN, LN4 1TB - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 GERRARD MEWS is a small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £250,000 in June 2021, which was around 9% below the average June 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

3 GERRARD MEWS Sold Prices

Land registry data shows five sales for 3 GERRARD MEWS 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. All of the five 3 GERRARD MEWS 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 8 JUN	£250,000	£275,516	9% below HPI
2020 5 NOV	£164,000	£266,312	38% below HPI
2007 12 APR	£158,000	£193,419	18% below HPI
2003 3 OCT	£132,000	£148,445	11% below HPI
1997 14 NOV	£49,950	£66,308	25% below HPI

3 GERRARD MEWS 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 GERRARD MEWS sales between November 1997 and June 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 November 2020 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 3 GERRARD MEWS?

3 GERRARD MEWS is 94m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 40% of detached houses in Washingborough, based on EPC data. The below chart shows the distribution of detached houses by size in Washingborough, and where 3 GERRARD MEWS lies on this distribution: 38% of detached houses are smaller than 3 GERRARD MEWS, and 60% of houses are larger. Note that EPC data is not available for all properties in Washingborough.

3 GERRARD MEWS: Plot and Title Map

3 GERRARD MEWS sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 3 GERRARD MEWS, 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 GERRARD MEWS). 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 GERRARD MEWS?

3 GERRARD MEWS is located in WASHINGBOROUGH, in the LN4 postcode district. The below map shows the position of No. 3 on GERRARD MEWS.