55, SHIREGATE, METHERINGHAM, LINCOLN, LN4 3DR - £272,000

55 SHIREGATE is a large extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £272,000 in May 2023, which was around 12% below the average May 2023 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

55 SHIREGATE Sold Prices

Land registry data shows six sales for 55 SHIREGATE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the six 55 SHIREGATE 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
2023 26 MAY	£272,000	£310,338	12% below HPI
2014 14 FEB	£160,000	£186,057	14% below HPI
2011 25 MAR	£150,000	£180,821	17% below HPI
2004 19 FEB	£28,000	£157,882	82% below HPI
2002 24 MAY	£95,000	£101,539	6% below HPI
2001 29 JUN	£75,000	£84,634	11% below HPI

55 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 six 55 SHIREGATE sales between June 2001 and May 2023 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 February 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 55 SHIREGATE?

55 SHIREGATE is 110m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Metheringham, based on EPC data. The below chart shows the distribution of detached houses by size in Metheringham, and where 55 SHIREGATE lies on this distribution: 75% of detached houses are smaller than 55 SHIREGATE, and 24% of houses are larger. Note that EPC data is not available for all properties in Metheringham.

55 SHIREGATE: Plot and Title Map

55 SHIREGATE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 55 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 55 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 55 SHIREGATE?

55 SHIREGATE is located in METHERINGHAM, in the LN4 postcode district. The below map shows the position of No. 55 on SHIREGATE.