38, SHIREGATE, METHERINGHAM, LINCOLN, LN4 3DR - £208,000

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

38 SHIREGATE is a midsized detached house of 84m², built sometime between 1996 and 2002. It was last sold for £208,000 in January 2019, which was around 19% below the average January 2019 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

38 SHIREGATE Sold Prices

Land registry data shows three sales for 38 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. Two of the three 38 SHIREGATE sales were for below the average price, whilst one was 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
2019 11 JAN	£208,000	£256,384	19% below HPI
2007 19 JAN	£163,000	£189,078	14% below HPI
2001 29 JUN	£92,000	£84,634	9% above HPI

38 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 38 SHIREGATE sales between June 2001 and January 2019 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 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 38 SHIREGATE?

38 SHIREGATE is 84m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 38 SHIREGATE lies on this distribution: 44% of detached houses are smaller than 38 SHIREGATE, and 56% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

38 SHIREGATE: Plot and Title Map

38 SHIREGATE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 38 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 38 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 38 SHIREGATE?

38 SHIREGATE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 38 on SHIREGATE.