48, LEAGATE ROAD, GIPSEY BRIDGE, BOSTON, PE22 7BZ - £124,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 LEAGATE ROAD is a very small semi-detached house of 50m², built sometime before 1900, which could now be worth an estimated £190,680. It was last sold for £124,950 in January 2016, which was around 1% below the average January 2016 semi-detached price in the East Lindsey local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was A.

48 LEAGATE ROAD Sold Prices

Land registry data shows two sales for 48 LEAGATE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 48 LEAGATE ROAD 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
2016 27 JAN	£124,950	£126,433	1% below HPI
2002 14 AUG	£54,000	£66,907	19% below HPI

48 LEAGATE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 48 LEAGATE ROAD sales from August 2002 and January 2016 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 August 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2016 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 48 LEAGATE ROAD be worth now?

48 LEAGATE ROAD might now be worth an estimated £190,680.

This is based on house price inflation of 52.6%, between January 2016 and February 2025, for semi-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 52.6% inflationary increase is applied to the most recent sale price for 48 LEAGATE ROAD of £124,950 on 27th January 2016. For the value to have increased from £124,950 to £190,680 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 48 LEAGATE ROAD has moved in line with the HPI for semi-detached houses in the East Lindsey local authority area.
• The January 2016 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 48 LEAGATE ROAD has not materially changed since January 2016.

How Large is 48 LEAGATE ROAD?

48 LEAGATE ROAD is 50m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of semi-detached houses houses in Gipsey Bridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gipsey Bridge, and where 48 LEAGATE ROAD lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 48 LEAGATE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Gipsey Bridge.

48 LEAGATE ROAD: Plot and Title Map

48 LEAGATE ROAD sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 48 LEAGATE ROAD, 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 48 LEAGATE ROAD). 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 48 LEAGATE ROAD?

48 LEAGATE ROAD is located in GIPSEY BRIDGE, in the PE22 postcode district. The below map shows the position of No. 48 on LEAGATE ROAD.